Home Active investing
Active investing
It comes as financial regulator the FSA weighs up changes to the stewardship code.
The group also said it was 'concerned' about financial sector exclusions in the EU’s CSDDD.
Stakeholders are waiting on regulatory guidance to flesh out the impact of the rule changes.
Islamic investment products will be benchmarked against recognised ESG market frameworks.
The group has also removed demands for investor access to development banks' joint credit risks database.
Platform on Sustainable Finance asked to look at potential categories beyond those proposed in last year’s consultation.
Responsible Investor talks to asset managers about the pros and cons of the popular climate metric.
Requests around additionality were toned down in the final guidance, which the regulator says is 'in principle compatible' with global guidance.
Asset managers say the decision to exit was taken after extended engagement efforts.
It comes as several managers told RI they are confused about the scope of the regulation, which was agreed last month.