Alternative Asset Management & Sustainability Insights Travers Smith

In this week's issue of Alternative Insights, we are looking at the UK's attempts to get defined contribution pension schemes to invest in private funds.

In this week's issue of Sustainability Insights, we are looking at Labour law reforms across the UK and Europe in light of upcoming elections.
Links:
TUC - "The biggest upgrade of workers’ rights in a generation"IER - CBI lobbying to ‘soften’ Labour’s workers’ rights pledges, FT reports.FT - Keir Starmer seeks to reassure business over Labour’s worker rights pledgesIER - Row rumbles on as business leaders line up against a 'full fat' New Deal for workers - IEREuropean Commissions - Social Europe: More transparent and predictable working conditions for workers in EUEuropean Council - Platform workers: Council confirms agreement on new rules to improve their working conditionsFCA proposals for asset managersUS FTC proposed ban on employers imposing non-competes on employeesUK government's Department for Business & Trade 'Non-Compete Clauses'Raconteur - is this the death of the non-compete clause?The Hill - 'Banning non-compete agreements hurts US companies and workers'CMA research report on competition and market power in UK labour marketSHRM - ' Will the FTC Finalize a Compete Ban on Noncompetes?'

In this week's issue of Travers Smith's Alternative Insights we are looking at the European Commission's recent policy brief reviewing the first 100 days of the EU's Foreign Subsidies Regulation.
Links:
EU's new Foreign Subsidies Regulation
Travers Smith's Alternative Insights: The impact of the EU's new rules on foreign subsidies
The European Commission's recent policy brief

In this week's issue of Sustainability Insights, we are looking at European supply chain due diligence requirements including the fate of the EU's CS3D.
Links:
Aligning the EU Due Diligence Directive with the International Standards: Key Issues in the Negotiations
FT article - France seeks weaker EU due diligence rules for banks
Forecast for 2024 European Parliament elections
European lawmakers reached an in-principle agreement on the Commission's 2022 proposal to ban products from the EU market that are made with forced labour
US Uyghur Forced Labor Prevention Act
Call for evidence issued by an influential Parliamentary Committee
Our recent note on similar European rules 
OECD Due Diligence Guidance for Responsible Business Conduct
Business and Human Rights Resource Centre - UK: Update - 50 businesses sign statement calling for human rights due diligence legislation
Our briefing - "Value chain" negligence claims: the door has been opened
Our ESG risk map

In the 73rd issue of Travers Smith's Alternative Insights, we are looking at subscription line financing and the emerging role of rating agencies.
Links:
An analysis by Blackrock ILPA's guidelines issued in 2017In 2022, Citi was reported to have scaled back its lending by over two-thirdsRating agencies (GLI Fund Finance 2024 - Rated subscription lines: An emerging solution tot he liquidity crunch | Travers Smith)
We launched a new podcast series in February: Sustainability Insights … in conversation. In the first edition, Simon Witney discussed topical issues – including the global ESG landscape and responsible AI – with Cornelia Gomez, Global Head of ESG at General Atlantic. 
Listen to the podcast here, and sign up here if you want the second edition to land in your inbox.

Listen to a discussion between Travers Smith's Simon Witney and Cornelia Gomez, Global Head of ESG at General Atlantic. Simon and Cornelia discuss the outlook for regulation in 2024, differing global perspectives on sustainability, and responsible AI.