In Focus
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What Hong Kong Lenders Should Know: New Ordinance Providing Temporary Protection for Business Tenants in the Midst of COVID-19The Temporary Protection Measures for Business Tenants (COVID-19 Pandemic) Ordinance (Cap. 644) (the Ordinance) came into effect on 1 May 2022. This Legal Update focuses on the implications of the Ordinance on lenders, including the authorized institutions supervised by the Hong Kong Monetary Authority.
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SEC's ESG Task Force Brings 1st Case Against Brazilian Mining Co., Alleging Material Misstatements About Dam SafetyUnderscoring the U.S. Securities and Exchange Commission’s (SEC) attention to environmental, social, and governance (ESG) disclosures, the SEC has charged Vale S.A., a publicly traded Brazilian mining company, with making false and misleading claims about the safety of its dams prior to the January 2019 collapse of its Brumadinho dam. This Legal Update highlights allegations from the SEC’s complaint.
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EU Proposal on New Ecodesign Requirements for Sustainable ProductsA centerpiece of the European Green Deal was officially unveiled last week. The Proposal for a Regulation establishing ecodesign requirements for sustainable products ('ESPR') is an ambitious document, part of a series of European Commission proposals seeking to redefine business in line with the European Union's vision for a more sustainable future as part of the European Sustainability Initiative. In this Legal Update, we analyse some of the important ecodesign requirements that will apply to companies placing products on the market in the European Union.
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