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Real Estate Spring Briefing

In this briefing we bring you up to date with seven changes in law and practice which we think will have ramifications for the commercial real estate sectors. Parliament has been busy reviewing two key pieces of legislation implementing the Government's residential reform agenda.

SDR: Finalised guidance on the anti-greenwashing rule

Introduction

On 23 April 2024, the FCA published FG24/3, its finalised non-handbook guidance on the new "anti-greenwashing rule" which was introduced as part of the package of measures establishing the Sustainability Disclosure Requirements (SDR) regime (which we covered here).  The guidance, like the rule itself, will apply from 31 May 2024 – in just over a month's time.

UK signs Hague 2019 convention – what are the implications?

On 12 January 2024, the UK government signed the Hague Convention of 2 July 2019 on the Recognition and Enforcement of Foreign Judgments in Civil and Commercial Matters (Hague 2019), a framework of rules facilitating the recognition and enforcement of civil and commercial judgments between contracting states. The contracting states to Hague 2019 are currently all EU member states except Denmark, plus Ukraine and Uruguay.

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