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LGPS Advisory Board asks for government clarity on international human rights law obligations of administering authorities
The Local Government Pension Scheme (LGPS) Advisory Board has written to Local Government Minister Jim McMahon OBE MP seeking an urgent meeting on whether LGPS administering authorities (AAs) must have regard to international human rights law when making investment decisions linked to the conflict in Gaza. This question arose after many LGPS funds...
Welsh Government launches consultation on National Development Framework revision
The Welsh Government launched a public consultation on the revision of the National Development Framework (NDF), which governs the planning and management of places, communities, infrastructure and natural resources in Wales. The consultation seeks views on the draft statement of public participation, the draft national conversation engagement plan...
ISDA responds to FASB exposure draft on targeted hedge accounting improvements
The International Swaps and Derivatives Association (ISDA) has responded to the Financial Accounting Standards Board (FASB)’s exposure draft on hedge accounting, broadly supporting proposed targeted improvements. These include allowing interest rate hedging of held-to-maturity (HTM) debt securities, recognising all Secured Overnight Financing Rate...
DIFC Courts report H1 2026 opt-in cases spanning 22 overseas jurisdictions
The Dubai International Financial Centre (DIFC) Courts received 243 opt-in cases in the first half of 2026, with parties drawn from 22 overseas jurisdictions across 5 continents. Of the 11 Arbitration Division opt-in cases, 8 related to arbitrations seated overseas—in hubs including Singapore, Hong Kong, London, Paris and Stockholm—with parties...
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