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ARTICLE · 09 AUGUST 2023

Investment Management Update - July 2023

Macfarlanes LLP
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Macfarlanes LLP

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Welcome to the latest edition of our investment management update. This publication has been tailored to highlight topical news, cases and changes in the law impacting the investment management sector...

GlobalFinance and Banking

Welcome to the latest edition of our investment management update. This publication has been tailored to highlight topical news, cases and changes in the law impacting the investment management sector.

UK

  • On 27 July, the Transition Plan Taskforce (TPT) issued a status update about its consultation on a draft Disclosure Framework for companies' net zero transition plans. The statement outlines the feedback that TPT received in response to its proposals, including in relation to international consistency and addressing uncertainty in the current stage of transition. The final Disclosure Framework and draft Implementation Guidance will be published in October 2023, and final guidance will be published by February 2024. The TPT announced the sectors which will be subject to further specific guidance, including asset management, asset owners, and banking. There will be consultations on sector-specific guidance in November 2023. Finally, in Q1 2024, the TPT will

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