Archive

Criticism of climate rule 'lacks merit', SEC argues

WisdomTree faces possible enforcement action by SEC over ESG funds

Planet First leads $75m fundraise for quantum error tech

Germany's BaFin already screening funds using ESMA name rules

Germany's Federal Financial Supervisory Authority (BaFin) has already begun screening new fund applications using EU rules governing the use of sustainability terms in fund names, months before the rules apply at EU level.

People Moves, 2 August: Nordea, UBS Asset Management, Impax, HSBC ... and more

ASIC fines Mercer in 'landmark' greenwashing case

The Australian Securities and Investments Commission (ASIC) has fined Mercer Superannuation AUD11.3 million ($7.7 million) for greenwashing, in a case the regulator said was the first of its kind and was a landmark for the financial services industry.

Regulators seek to overcome PAI challenges in SFDR Q&A

Judging the credibility of transition plans, part two

Investors preparing for a wave of transition plan disclosures face a complicated task to determine 'what good looks like', Michael Hurley writes

Ditch SFDR definition of sustainable investments, replace Articles 8 & 9, ESMA suggests

The EU should ditch the 'sustainable investment' definition in its Sustainable Finance Disclosure Regulation (SFDR) and introduce a two-tier categorisation system that would effectively replace the current SFDR Articles 8 and 9, an EU regulator recommends.

India plans climate finance taxonomy

India's Ministry of Finance has announced funding to create a taxonomy to attract climate finance, spanning adaptation and mitigation activities.