Sunday, April 19, 2026
16.6 C
Los Angeles

Australia’s AML/CTF Reform Brings Expanded PEP Obligations Into Force from March 2026

Australia's financial intelligence authority AUSTRAC confirmed that...

PEMEX Bribery Plea and French CJIP Signal Active FCPA-Adjacent Enforcement in March 2026

March 2026 produced two notable anti-corruption enforcement...

UK Government Enhances Energy Savings Opportunity Scheme (ESOS) with Amendments for Greater Impact and Compliance

ESGUK Government Enhances Energy Savings Opportunity Scheme (ESOS) with Amendments for Greater Impact and Compliance

The UK government has introduced amendments to the Energy Savings Opportunity Scheme (ESOS) to enhance the impact of the scheme and encourage organizations to implement energy savings opportunities. The changes include an extended deadline for Phase 3 compliance notifications until June 5, 2024, additional information requirements in compliance notifications, a requirement for an energy intensity metric in ESOS reports, a reduced Significant Energy Consumption (SEC) de minimis exemption from 10% to 5%, and a requirement for ESOS reports to provide more information on implementing recommendations. The amendments also introduce the requirement for ESOS action plans and annual reporting against those plans.

By FCCT Editorial Team

Disclaimer: The views expressed in this article are independent views solely of the author(s) expressed in their private capacity.

Check out our other content

Ad


Check out other tags:

Most Popular Articles