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Regulatory Radar

Delivered monthly, the Regulatory Radar is a briefing on emerging regulatory issues produced by the Boston College Center for Corporate Citizenship.  These summaries of recent regulatory decisions keep you apprised of the actions that may impact your corporate citizenship efforts. Each edition includes summaries of and links to the latest items we’ve added to our Resource Library.

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Scotland bans fracking

REGULATORY RADAR - The Scottish government has announced a ban on fracking, which extends a moratorium that has been in place since 2015.

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Belgium passes law on nonfinancial reporting requirements

REGULATORY RADAR - In compliance with EU Directive 2014/95, the Belgian government has decreed that large Belgian companies must draw up a non-financial statement aimed at providing the market with information on certain social, employment, and environmental matters deemed relevant in light of the company's operations.

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United States Treasury Department calls for repeal of Dodd-Frank Act

REGULATORY RADAR - The United States Treasury Department released a Capital Markets report on October 6, 2017, that recommends a vast reworking of Wall Street rules adopted in response to the financial crisis.

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United States plans to repeal the Clean Power Plan

REGULATORY RADAR - On October 9, 2017, Scott Pruitt, the administrator of the U.S. Environmental Protection Agency (EPA), announced that the United States will issue a proposal fully repealing the Clean Power Plan.

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China researching deadline for automakers to end sales of fossil fuel cars

REGULATORY RADAR - The world’s largest auto market announced on September 9, 2017 that it plans to end the production and sale of cars that use only traditional fuels. China’s decision to phase out fossil-fuel powered cars follows similar bans set by the U.K. and France earlier this year.

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European Union directive on non-financial reporting signed into Irish law

REGULATORY RADAR - The regulation requires large Irish companies to publish non-financial information about their company policies, and it applies to financial years beginning on or after August 1, 2017.

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United Kingdom updates data protection bill

REGULATORY RADAR - The U.K. has replaced the Data Protection Act of 1998 with a new law that provides a modern framework. The bill includes safeguards to ensure freedom of the press, and allow for confidential scientific research.

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Nine U.S. states agree to deeper cuts to carbon emissions

REGULATORY RADAR - On August 23, 2017, the states belonging to the Regional Greenhouse Gas Initiative (RGGI) reached an agreement to reduce regional greenhouse gas emissions further.

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