The aims of ESG investing and Islamic Finance structures are already closely – though not perfectly – aligned. Middle Eastern governments are looking to diversify away from oil and gas..
Swedish companies are occasionally parties to financial contracts governed by English law – typically, as borrowers or guarantors under a cross-border financing arrangement or by the use of the International Swaps and Derivatives Association Master Agreement for their derivatives transactions. However, following Brexit, the enforceability of English court decisions in Sweden is less certain. Swedish parties entering into financial contracts that are governed by English law should carefully consider the jurisdiction clause.
The Ministry of Treasury and Finance ("Ministry") published the Sustainable Finance Framework ("Framework") setting the standards for green, social and sustainable transactions in financial markets on its website on November 12, 2021.