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Blog: Can SEC Commissioner Hester Peirce avert adoption of ESG metrics? | Cooley LLP


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It’s widely anticipated that we’ll soon be seeing more action from the SEC on sustainability disclosure, including possibly a prescriptive ESG framework that draws on some global metrics.  (See,
e.g.,this PubCo post and this PubCo post.) Trying to head those prescriptive ESG metrics off at the pass is Commissioner Hester Peirce yes, she who once described “ESG” as standing for “enabling shareholder graft” in her statement,
Rethinking Global ESG Metrics. With Gary Gensler now sworn in as SEC Chair, the revised composition of the SEC does not bode well for Peirce’s mission. Peirce concludes her statement with the admonition, “[l]et us rethink the path we are taking before it is too late.”  But has the train already left that station?  ....

Hester Peirce , Gary Gensler , European Commission Guidelines , Asset Management Advisory Committee , Commissioner Hester Peirce , Rethinking Global , With Gary Gensler , European Commission , Non Financial Reporting Directive , Shareholder Commons , Management Advisory Committee , ஹெஸ்டர் பியர்ஸ் , ஐரோப்பிய தரகு வழிகாட்டுதல்கள் , ஆணையர் ஹெஸ்டர் பியர்ஸ் , ஐரோப்பிய தரகு , அல்லாத நிதி புகாரளித்தல் உத்தரவு , பங்குதாரர் காமன்ஸ் ,

Polish Corporate Law: Piercing the Corporate Veil


Saturday, April 10, 2021
Poland’s government is proposing a new law that would make parent companies liable for their subsidiaries’ violations of the competition protection law if the parent company “exercised decisive influence” on the subsidiary.
Currently, Polish law could be described as being extremely strict in not recognizing “piercing the corporate veil” between parent companies and their subsidiaries. The proposed law would represent a breakthrough and a milestone in Polish corporate law by providing much clearer grounds for finding a parent company liable for the actions of its subsidiary. In addition, it would significantly increase the power and authority of the Head of the Office of Competition and Consumer Protection (UOKiK), which, under its current head, has become much more active in levying substantial fines for violations of Poland’s Competition and Consumer Protection Law. ....

Viho Europe , European Commission Guidelines , Imperial Chemical Industries , European Union , European Court , Head Of The Office Competition , Consumer Protection , Violating Competition Laws , Chemical Industries , European Commission , Consumer Protection Act , ஐரோப்பிய தரகு வழிகாட்டுதல்கள் , ஏகாதிபத்தியம் இரசாயன தொழில்கள் , ஐரோப்பிய தொழிற்சங்கம் , ஐரோப்பிய நீதிமன்றம் , நுகர்வோர் ப்ரொடெக்ஶந் , இரசாயன தொழில்கள் , ஐரோப்பிய தரகு , நுகர்வோர் ப்ரொடெக்ஶந் நாடகம் ,