Pekin Bayar Mizrahi is a leading top-tier law firm located in Istanbul, Türkiye.
The firm was founded by Mr. Fethi Pekin, who was a former judge, in 1946. Ms. Sefika Pekin and Ms. Selin Bayar subsequently joined the firm. In time, the firm has broadened its areas of expertise and the sectors it advises; thereby becoming a “full-service” firm with a global reach. In 2021, its dispute resolution partner, Mr. Ergin Mizrahi, became a name partner and the firm changed its corporate name as Pekin Bayar Mizrahi.
With its local and international experience of 75 years, Pekin Bayar Mizrahi is now one of the largest law firms in Türkiye in both size and volume, employing around 60 fee earners. The firm also has liaison offices and affiliate counsels in numerous cities in Türkiye. The firm has international practice and its clients include States, large financial institutions, and transnational corporations from various sectors.
On May 25, 2022, US Securities and Exchange Commission ("SEC") proposed amendments to the rules in order to require investment funds and advisers to make more specific disclosures on their prospectuses,...
SEC PROPOSES NEW DISCLOSURE REQUIREMENTS FOR INVESTMENT FUNDS
AND ADVISORS
On May 25, 2022, US Securities and Exchange Commission
(“SEC”) proposed amendments to the rules in order to
require investment funds and advisers to make more specific
disclosures on their prospectuses, annual reports and adviser
brochures based on their environmental, social and governance (ESG)
strategies. Through the proposed amendments, funds emphasizing a
specific ESG impact of an investment or advisers marketing
themselves as having an ESG focus will be obliged to make
disclosures specifying the impact/practice and its progress.
Additionally, SEC's proposal requires funds and advisers to
include certain ESG reporting in certain forms to be submitted to
SEC. Through such proposed amendments, SEC aims to protect
investors against greenwashing practices. New proposed rules will
be open for public comment for 60 days upon its publication in the
Federal Register.
It is possible to expect that other securities authorities
globally may adopt similar measures to minimize greenwashing.
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