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A new milestone for accessibility – the European Accessibility Act now applies

The European Accessibility Act (EAA) can be enforced by Member States from 28 June 2025.  Impacting businesses across a broad range of sectors, the EAA applies to many categories of consumer products and services, particularly digital technologies, which range from payment terminals and smartphones to consumer banking services and online shops. The aim: to make all these products and services accessible to everyone, including people with disabilities.  While the EAA applies to products and services provided within the EU (including by UK-based businesses), as we explore later in this briefing, businesses operating exclusively in the UK market also cannot afford to be complacent about accessibility.

Infrastructure and Energy Spotlight – Spring/Summer 2025

In this edition, we look at the UK Government's 10 year Infrastructure Strategy and whether the "Washington effect" has trumped the "Brussels effect" in relation to ESG regulation.  We also provide updates on topics including planning reform, housing, heat networks, national security, pension fund infrastructure investment and carbon markets.

From red to green? UK Labour Government finally consults on sustainability reporting and transition planning

After months of delay,  the UK Government has finally published the long-awaited consultation on the adoption of ISSB sustainability standards as the first UK Sustainability Reporting Standards ("UK SRS"), and on assurance of sustainability-related financial disclosures. At the same time, the Government is consulting on how to implement its manifesto commitment to mandate UK-regulated financial institutions – including banks, asset managers, pension funds, and insurers – and FTSE 100 companies to develop and implement credible transition plans that align with the 1.5°C goal of the Paris Agreement.

ESG regulation: has the "Washington effect" trumped the "Brussels effect"?

The last 6 months have seen unprecedented turbulence in the field of sustainability regulation. The EU, historically a world leader in environmental standards and responsible business conduct, appears to be backtracking on its leading position and fitting in with the political mood in the US.

A week to go! The European Accessibility Act and its impact on the financial services industry

On 28 June 2025, Member States can start enforcing the European Accessibility Act ("EAA") – a deadline which may have crept up on some firms in the banking and financial services sector.  The EAA applies to a broad range of financial services and associated digital technologies, from payment terminals to online banking platforms. This means banks, payment services providers, e-money and other providers of financial services to retail customers must review their customer interfaces, products and related documentation to ensure compliance.  If EAA compliance has slipped down your "to do" list, now is the time to act.  As we discuss later in this briefing, businesses operating in the UK market also cannot afford to be complacent about accessibility.

Travers Smith advises Mitsubishi Estate on its acquisition of a majority interest in Patron Capital

Travers Smith LLP has advised Mitsubishi Estate Co., Ltd ("MEC") on its acquisition, through the Mitsubishi Estate Global Partners investment management business ("MECGP"), of a majority interest in Patron Capital Advisers LLP ("Patron"). MECGP has further agreed to provide commitments to Patron's funds and financing for new subsector strategies including real estate credit. The transaction is subject to relevant regulatory consents.

PISCES – Key questions answered

With the legal framework now in place for the Private Intermittent Securities and Capital Exchange System ("PISCES") regime to become operational, in this briefing we answer the key questions that clients are asking about this innovative trading platform for private companies.

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