The new rules come after landmark McVeigh v REST settlement established stricter expectations on disclosure
The latest developments in ESG-related funds
Government holdings are a long-standing obstacle for investors trying to assess their climate impacts
Ruling follows heightened investor interest in banking activities and claims HSBC sought to weaken net zero commitments
Stricter adoption should happen over time to avoid sell-off, suggests central bank
The firm was included in the PRI’s prestigious Leader’s Group last year for “responsible investment excellence”
The latest developments in sustainable finance
ERAFP is re-tendering contracts currently run by AXA, Natixis and UBS
Regulator’s new enforcement division director says that there is ‘nothing new’ in the way it is tackling ESG-related misconduct, referring to 2008 case
It comes just weeks ahead of an expected update on potential regulatory measures to address greenwashing in Switzerland