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Beyond Supply Chains: new EU rules increase pressure on companies to adopt responsible business practices

The Corporate Sustainability Due Diligence Directive ("CS3D") was finally published on 5 July 2024, concluding a long and unprecedentedly turbulent legislative process. Businesses now have the certainty they need to start assessing whether they are in scope, and if so, what they need to do to comply with the demanding due diligence obligations under the law, and by when.

AI in service supply and outsourcing contracts: managing the risks

Artificial intelligence tools can be a game changer in outsourcing and other contracts for services - promising big wins in terms of costs, time, accuracy, scalability and productivity, to benefit both sides of the negotiating table. To reap those benefits, it is important to stay on top of the "new" risks associated with the use of AI in these arrangements.

Outsourcing Spotlight - Spring/Summer 2024

Welcome to the second edition of the Travers Smith Outsourcing Spotlight. With an election due in July, we look at the likely impact of a Labour Government on outsourcing in the UK.

JIBFL: Rated subscription lines: bringing fund governing documents and finance documents into focus

This article was first published in the May 2024 issue of Butterworths Journal of International Banking and Financial Law.

In this In Practice article we will explore the benefits of obtaining a rating for a subscription facility. By reference to ratings criteria announced by the main agencies, we will explore how the limited partnership agreement, side letters and the related finance documentation are analysed to arrive at a rating.

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.

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