Archive

  • IOSCO urges ISSB-EU agreement on coherent sector-specific standards

    10 December 2024

    Sector-specific sustainability disclosure standards currently being devised could undermine the 'global baseline' for reporting, the head of an influential global association of regulators said.

  • Trump picks critic of climate rule to lead SEC

    05 December 2024
  • Aviva fined by Luxembourg regulator over ESG failures

    02 December 2024

    Aviva Investors Luxembourg has been fined €56,500 ($59,500) for failure to comply with disclosure laws in the country including not meeting its own sustainability-related exclusions policy, according to the Commission de Surveillance du Secteur Financier (CSSF).

  • Spanish companies told to prepare CSRD reports despite country not transposing rules

    29 November 2024
  • SEC likely to withdraw climate rules, former Commissioner predicts

    26 November 2024

    The Securities and Exchange Commission (SEC) under Donald Trump is likely to withdraw a proposed rule governing climate-related financial disclosures by US companies, a former commissioner has predicted.

  • EIOPA's wake-up call for insurers on fossil fuels

    22 November 2024

    A historic decision from EU financial supervisor on higher financial risk of fossil fuel sector must be integrated in EU prudential rules write Chiara Pass and Marika Carlucci

  • Gensler to depart SEC

    22 November 2024
  • EU supervisors estimate trillions in losses from 'run on brown' assets

    19 November 2024

    European financial institutions stood to lose trillions of euros from a 'run on brown' assets, financial supervisors estimated in a first-of-its-kind stress test - but the financial impacts of climate-related "transition risks alone are unlikely to threaten financial stability".

  • IOSCO encourages regulators to clarify issuers' liability for transition plans

    14 November 2024

    Standard setters and regulators have been "encourage[d]" to provide "markers on what would constitute forward-looking information" to show preparers of transition plans the extent of information they can provide without expecting to be sued.

  • Invesco to pay SEC fine for charge that it overstated ESG assets under management

    08 November 2024

    Invesco has agreed to pay a $17.5 million fine to settle a charge by the Securities and Exchange Commission (SEC) that it misled clients by claiming that a higher percentage of its assets were 'ESG-integrated' than the investor could prove.