ESAs Final Report on Joint Guidelines for ESG Stress Testing sets a harmonised EU framework for supervisors to embed climate and ESG risks into banks’ and insurers’ stress tests with consistent methods and scenarios

by | Jan 8, 2026

It guides supervisors on selecting ESG risks, designing scenarios, allocating resources, and assessing resilience over both short‑ and long-term horizons, initially focusing on climate and environmental risks without imposing new legal obligations. These guidelines...

UK Dept for Business and Trade issues draft guidance clarifying how to identify individuals with significant influence or control for Companies House’s PSC register, strengthening corporate transparency

by | Jan 5, 2026

The guidance interprets the statutory criteria in Schedule 1A of the Companies Act 2006 to help companies determine whether an individual or entity exercises significant influence or control — beyond just holding shares or voting rights — and therefore qualifies as a...

TI UK’s Unlocking Ownership Data report provides guidance for UK offshore jurisdictions to enhance BO transparency through clear definitions, accessible registers, and compliance with global standards

by | Sep 13, 2025

The report outlines guidelines for defining beneficial ownership, establishing transparent reporting requirements, and ensuring accessible public registers, including Legitimate Interest Access Registers of Beneficial Ownership (LIARBOs). It emphasizes the need for...