DWS whistle-blower Desiree Fixler welcomes enforcement action as necessary to deal with greenwashing.
July 4, 2022The SEC is reportedly investigating whether disclosures made to clients accurately described the investment practices used by two Goldman funds.
June 15, 2022Resignation sparked by German police raids to investigate claims over mis-representation of ESG funds.
June 3, 2022"Sufficient factual evidence" has emerged that ESG factors were not taken into account in many investments, contrary to claims made in DWS fund prospectuses.
June 1, 2022Asset managers will be required to justify their use of ESG labels under new proposals from the SEC.
May 27, 2022ISLA and Linklaters are working to automate securities lending contract negotation. ICMA is looking to digitise repo documentation.
May 27, 2022BNY Mellon Investment Adviser stated in documents that all investments in its funds had undergone an ESG quality review, but that this was not always the case.
May 25, 2022Australia bans alumina exports to Russia. India is working on a rupee-ruble trade arrangement that would allow it to continue buying Russian energy.
March 21, 2022A new open-source software toolkit has also been published to enable financial institutions to automate the fairness metrics assessment.
February 6, 2022Seven banks that have launched 'SWIFT Go' - BBVA, BNY Mellon, DNB, MYBank, SberBank, Société Générale, and UniCredit.
August 2, 2021