Proposed ESG Disclosure and Names Rule Reforms

In this article, Dr. Jan Boeing and Arnaud Dobelle outline the key milestones of the new regulatory framework, its interplay with financial sector rules such as DORA and PSD2, and what the upcoming Digital Omnibus proposal means for organisations deploying AI in Europe.

The year 2025 saw significant regulatory activity in the realm of digital assets. The US Congress and financial regulators took steps to create and implement a clear legal framework to facilitate financial transactions using digital assets, and they will continue to do so in 2026.

The One Big Beautiful Bill Act makes major changes to the Internal Revenue Code’s clean energy tax provisions, particularly to the provisions that were extended, expanded, and established as part of the 2022 Inflation Reduction Act.

On 18 December 2025, the Federal Energy Regulatory Commission (FERC) issued a long-awaited order finding that PJM Interconnection, L.L.C.’s (PJM) tariff is unjust and unreasonable as it relates to co-located load arrangements and directing PJM to establish clear, nondiscriminatory rules supporting co-location of large electricity consumers—such as data centers—and generation facilities.