• German 'engagement platform' group to push BaFin for legal assurances

    19 April 2023

    A group developing a German "platform" for collaborative sustainability engagement is to ask regulator BaFin to approve its process, to allay investor fears of being punished for acting in concert.

  • DWS 'firmly rejects' greenwashing allegations as regulators circle

    27 August 2021

    German asset manager DWS announced it "firmly rejects" allegations that it overstated the extent of its environmental, social and governance (ESG) investing activities amid revelations that US and German financial regulators are investigating the 'greenwashing' claims.

  • German regulator launches sustainable fund guidelines consultation

    05 August 2021

    German financial regulator BaFin is consulting on minimum requirements for 'sustainable' funds after criticising some applications from managers...

  • Insurers say regulators have the sustainability power

    21 August 2020

    JP Morgan Asset Management and Environmental Finance's sister publication Insurance Asset Risk have joined forces to understand what lies under the bonnet of insurers' responsible investment announcements. Findings were compiled in a report. We present some of the key high- level discoveries, with part one focusing on regulation. Vincent Huck reports

  • German regulator praises sustainability taxonomy for undermining greenwashing 'ploys'

    19 August 2020

    The EU's sustainability taxonomy, launched in March this year, is helping to uncover greenwashing ploys prevalent in the investment industry, according to the head of sustainable finance at Germany's financial regulator, BaFin.

  • Green does not automatically mean low risk, warns BaFin

    21 January 2020
  • BaFin tells insurers to step up efforts on climate change

    17 December 2019

    BaFin has warned insurers the speed of moving to obligatory reporting around climate change will "increase with the speed at which sustainability risks materialise".

  • Sustainability: to regulate or not to regulate?

    05 December 2019

    Financial regulation has a role to play in tackling climate change, but it cannot be a silver bullet. So the time has come for policymakers to step up their game, delegates at the Insurance and Climate Risk conference heard. Vincent Huck reports

  • Spurring sustainable investments with capital charges

    23 September 2019

    As sustainability makes its way into regulation, the question of capital charges punishing 'brown' investments or incentivising 'green' investments has come to the fore. While regulators are asking for risk-based evidence, stakeholders are not all in agreement on how to proceed. Vincent Huck reports

  • Stormy weather cost German insurers $3bn in 2018

    07 January 2019

    Storms and heavy rain cost Germany’s property and casualty (P&C) insurers €2.7 billion ($3 billion) in insured losses for 2018, according to the German Insurance Association (GDV).