AREF News

The Law Commission are reviewing Part 2 of the Landlord and Tenant Act 1954 with a view to modernise commercial leasehold legislation. AREF has responded to their initial consultation on this which considers the right to renew business tenancies.

AREF has responded to IOSCO's consultation on Revised Recommendations for Liquidity Risk Management for Collective Investment Schemes.

AREF has submitted a response to HM Treasury consultation on a UK Green Taxonomy. More details can be found here.

TNFD has published the sector guidance - Engineering, construction and real estate.  More details can be found here.

The reporting principles in the paper on ESG Metrics for Real Estate have been updated in January 2025.

Find out more about the policy work being undertaken by governments, regulators and standard setting bodies in relation to sustainable finance and climate-related disclosures.

The UK Government are undertaking a Pensions Investment Review focusing on DC workplace schemes and Local Government Pension Schemes. They published an interim report in November 2024. AREF's responses to a call for evidence and consultations relating to this review can be found here.

Click here to learn more about regulation and guidance in relation to the Long-Term Asset Fund (LTAF) including the recent updates to the NURS second scheme rules to facilitate LTAF investment. The model LTAF Instrument of Incorporation and model LTAF Co-Ownership Deed for ACS can be found here.

The FCA are consulting on a new product information regime to help consumers understand the investment products they are buying, while giving firms flexibility to innovate. Find out more here.

Click here to see AREF's responses to the UK Government's Green Paper on their Industrial Strategy for the next 10 years and HM Treasury's Call for Evidence for the Government's Financial Services Growth & Competitiveness Strategy.

The FCA have confirmed that their final rules on diversity and inclusion in the financial sector will be published in early 2025. Click here to find out more about the FCA's consultation on this and AREF's response.

Find out more here about the FCA's Sustainability Disclosure Requirements (SDR) and investment labels regime.

View a summary on the policy work being undertaken by regulators and governments on funds' liquidity management.

Find out more here about the Government's work to enable DC pension schemes to invest in illiquid assets. Also, there are links to guidance from TPR and cases studies from PLSA which supports this and AREF's own lobbying to the Government on this matter.