Climate risk management will be a standing item in annual prudential meetings with banks. The CAMEL rating framework will be updated.
July 1, 2022NovA! will initially be used for ESG risk assessments when originating, underwriting and servicing sustainability-linked loans for the real estate sector.
June 22, 2022The SEC is reportedly investigating whether disclosures made to clients accurately described the investment practices used by two Goldman funds.
June 15, 2022Roughly 60% of companies with net zero targets have yet to specify whether carbon offsetting will feature in their decarbonisation strategies.
June 15, 2022Being ‘true to label’ is a regulatory must-have when it comes to sustainability-related products, says ASIC deputy chair Karen Chester.
June 14, 2022ESMA says administrative measures, including enforcement, may be appropriate in cases where SFDR disclosures are misleading or do not match fund documentation.
June 4, 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, 2022ASX will scrutinise listed instruments to ensure they are “true to label” and only list new funds that comply with ASIC’s naming requirements.
May 31, 2022Asset managers will be required to justify their use of ESG labels under new proposals from the SEC.
May 27, 2022The guidelines offer three recommended approaches to help banks assess the sustainability of their prospective investments.
May 27, 2022