The principles are based on a broader definition of climate finance which goes beyond debt instruments and captures equity financing and working capital.
June 23, 2021An estimated $100 to $150 trillion of climate-related investment will be required over the next three decades to transition to a low carbon economy, says a report from GFMA and BCG.
December 6, 2020The majority of third-country benchmarks pose no systemic risk but could nevertheless be barred from use in the EU due to a costly and burdensome third-country benchmark regime.
June 30, 2020The Alliance aims to identify and consolidate the fundamental ESG and alternative data firms require to make sustainable investment decisions and positively contribute to the UN SDGs.
January 24, 2020Most financial institutions say coordination among regulators is not sufficient to effectively promote sustainable finance globally, according to a GFMA survey.
July 2, 2019The GFMA urges policymakers to develop alternatives to data localisation policies that ensure data protection while still supporting the financial services sector and the end-users it serves.
March 25, 2019A new report from the GFMA and PwC says third-party providers could pose a challenge to banks’ core offerings if banks are not keeping pace with innovation.
March 22, 2019Regardless of the BMR compliance extension, it is important that LIBOR transition programmes continue to progress quickly, says Matthieu Sachot at Chappuis Halder & Co.
March 7, 2019Policymakers have agreed to give administrators of 'critical' EU and ‘non-critical’ non-EU benchmarks two more years to comply with the Benchmark Regulation.
March 1, 2019APAC benchmark administrators hoping to retain or grow their user base in the EU must take action now to gain approval before 2020, say PwC's Gregory Campbell and Daniela Bunea.
January 29, 2019