International

S&P looked at nearly 12,000 equity mutual funds and ETFs representing more than USD 20 trillion in market value. About 11% were aligned with the Paris goals.

The programme will seek to help MSMEs build financial literacy and digital skillsets, address financing gaps and improve financial inclusion.

Roughly 60% of companies with net zero targets have yet to specify whether carbon offsetting will feature in their decarbonisation strategies.

Kanv Pandit highlights the need for a 'metacode of conduct' to protect metaverse users from loss and fraud until regulation catches up.

The CSA says the proposed rules will enable market participants to harmonise their reporting systems across multiple global regulators.

The report offers guidance on the use of technology for investigations, risk assessment, and AML/CFT information exchange.

To date, only the purchase of new issues has been prohibited, and trading in secondary markets has still been allowed.

Google, Unilever and Hitachi have signed on to the new code, which aims to improve the integrity of corporate claims about the use of carbon credits.

A third data gaps initiative has been proposed, to address data gaps relating to climate change, fintech and financial inclusion, among other things.

The FSB explains the sources of risk in the NBFI sector, and the data, tools and policy approaches available to monitor and address these risks.