Archive

Morningstar fined by regulator in anti-greenwashing action

Morningstar has paid the Australian financial regulator AUD29,820 ($19,612) after it alleged the company retained exposure to weapons manufacturers via its ESG-themed funds despite claiming it excluded such companies.

SEC delays hotly anticipated climate disclosure rule ... again

The US Securities and Exchange Commission (SEC) has again delayed the adoption of its climate disclosures rule, to push back a final decision until April next year.

COP28: Zambia to welcome first green bond in December

'Greenhushing' punishable by regulators, IOSCO greenwashing paper says

Financial institutions under-reporting their sustainability credentials to evade investor scrutiny or regulatory requirements may be punished under existing regulations, according to a report by the board of the International Organisation of Securities Commissions (IOSCO).

COP28: Voluntary carbon market braced for regulatory intervention following IOSCO report

The International Organisation of Securities Commissions (IOSCO) has proposed a set of measures to help regulators bring more integrity to the voluntary carbon market (VCM).

EU Green Bond Standard poised for entry into law

Net zero targets can oblige progress reporting in financial accounts, says IASB committee

Setting net zero commitments can oblige companies to report their performance against climate targets under existing financial accounting standards, according to the International Accounting Standards Board (IASB) interpretations committee.

ESAP regulation proceeds for adoption after Council sign-off

Uptake of SFDR Article 9 ETFs slow but 'progressive', says EFAMA

The uptake of UCITS exchange-traded funds (ETFs) registered as Article 9 under the EU's Sustainable Finance Disclosure Regulation (SFDR) continues to be significantly slower than Article 8, ...

MFA warns SEC against repeating SFDR 'pitfalls'

The Managed Funds Association (MFA) has urged the US Securities and Exchange Commission (SEC) to update its proposed system for the categorisation of sustainability funds to avoid similar "pitfalls" to the EU's Sustainable Finance Disclosure Regulation (SFDR).