International

ESG / Sustainability

Pace of Change Open to Question on COP26 Finance Day

By ESG Investor | 04/11/2021

Finance sector commitments are strongly in evidence, but NGOs and asset owners call for increased fossil fuel focus.

Market Infrastructure

DSB Seeks Feedback on Legal Framework for UPI Service

By Editors | 04/11/2021

The Derivatives Service Bureau proposes to use a single overarching legal agreement for users subscribing to OTC ISIN and UPI Services.

ESG / Sustainability

ISSB Offers “Baseline” for Global Sustainability Reporting

By ESG Investor | 04/11/2021

The IFRS Foundation has officially launched its International Sustainability Standards Board and plans to issue a new climate disclosure standard next year.

Big Picture

Emerging Markets Rapidly Progressing Sustainable Finance Frameworks

By Sanday Chongo Kabange | 03/11/2021

The Sustainable Banking and Finance Network says 32 member countries have launched national frameworks that set expectations for FIs to manage ESG risk.

Capital / Liquidity

UK Postpones Consultation Signalling Basel III Implementation Delay

By Editors | 03/11/2021

Implementation of the final Basel III requirements will not take place in the UK according to the globally agreed timeline.

Securities / Derivatives

IOSCO Finalises Guidance on Preventing Greenwashing in Funds

By Editors | 03/11/2021

IOSCO provides five recommendations for regulators to consider as they develop sustainability-related rules and regulations for asset managers.

Big Picture

FSB Reports Progress to G20 on Financial System Resilience

By Editors | 02/11/2021

The FSB emphasises a need to ensure that regulatory frameworks allow for the financial sector to harness the benefits of innovation while containing the related risks.

Market Infrastructure

G20 Approves Global Tax Deal, Commits to Climate Goals

By Editors | 02/11/2021

International tax reforms were approved by all the G20 leaders ahead of the COP26 summit on climate change in Glasgow which began on Monday.

ESG / Sustainability

CFA Standards Shine Spotlight on Funds’ ESG Claims

By ESG Investor | 02/11/2021

The voluntary standards aim to help investors assess and compare how investment products consider ESG issues across objectives, strategy, and stewardship.