Publication
Essential Corporate News – Week ending 10 January 2025
On 20 December 2024, the Financial Conduct Authority published PS24/17, Enhancing the National Storage Mechanism (NSM).
Pensions Ombudsman’s blog outlines the year’s priorities
United Kingdom | Publication | May 2024
The Pensions Ombudsman’s chief operating officer, Robert Loughlin, has published a blog highlighting plans for tackling its historical caseload and reducing waiting times.
There are three areas the Ombudsman will be prioritising this year: tightening the conditions under which the Resolution Team will investigate a complaint; extending the use of short-form decisions and Determinations for appropriate cases; and exploring whether there are certain categories of complaints that are more appropriately dealt with by other organisations.
The full programme of changes is due to be delivered over the next three years but the Ombudsman has an ambitious target of achieving an improved position over the next 12–18 months.
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Recent publications
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The ESG advertising conundrum: Recent case highlights challenges
A recent decision made by the UK's Advertising Standards Authority (ASA) brings into sharp relief the challenges for airlines to strike a balance between marketing their sustainability efforts in an understandable and compelling way, whilst avoiding criticism for “greenwashing”.
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Agreement on new EU gas projects and measures under the European Green Deal
On November 28, 2023, the European Commission (EC) adopted its first list of Projects of Common Interest (PCIs), i.e., projects within the EU territory, and Projects of Mutual Interest (PMIs), i.e., projects connecting the EU with other countries, including 166 projects implementing the European Green Deal.
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