Projects Energy and Environment

SEC approves framework for implementing U.S. delisting law; HKEX releases guidance for issuers' climate disclosures; and China, EU unveil joint green investment taxonomy

Maxim Alekseyev, Senior Partner, Head of Asia-Pacific Desk and Timur Akhundov, Senior Associate of ALRUD Law Firm highlight the various investment regimes used to attract foreign investment in Russia and discuss the two levels of investment zones and opportunities to sign investment contracts, as well as the continued economic cooperation between China and Russia

PBOC reaffirms nationwide ban on cryptocurrencies and related transactions; President Xi announces pause on coal-fired projects abroad; and PCAOB adopts final rule to implement US delisting regime

GBA Wealth Management Connect launched; minister calls for consolidation of Chinese EV manufacturers; and China-Indonesia local currency settlement agreement implemented

Hong Kong has played a key role in familiarizing PRC clients with tightening ESG requirements, lawyers say, and it will continue to do so as the city further bolsters rules in this area

Hong Kong buyers make first cross-border CCER deal under new national ETS; Arbitration Law proposed revisions released to align further with international practice; and Standard Chartered application for securities venture accepted by CSRC

China's much-anticipated national carbon trading market sees carbon price rise on first day of trading; MIIT, CAC forbid sharing of cybersecurity vulnerabilities information with overseas entities; and Biden administration adds dozens more Chinese companies to export control blacklist

Beilei Hou and Zi Ling of King & Wood Mallesons look at the emerging carbon emissions trading scheme in China, and consider the outlook for market access to foreign investors

Transaction limits are specified for national carbon trading