Central banks & regulators

European banking watchdog calls for extension of time horizon for assessing investment companies to 'at least 10 years', ESMA adopts ESG disclosures as supervisory priority.

The body’s scenarios are seen as potential global blueprints to meet climate goals under the Paris agreement.

Key takeaways from two days of meetings and panels in Toronto with leading players in Canadian sustainable finance.

Linklaters warns of ‘delicate balancing act’ between SDRs and SFDR while retail investment platforms welcome proposals

Regulator introduces new fund labelling regime and sustainability disclosure requirements for asset managers.

Meanwhile, GTAG member says it ‘seems impractical’ for UK's taxonomy to be in force by January deadline.

The latest developments in sustainable finance: PRB aims to educate bankers on climate change; labour survey highlights exploitation concerns in Asian garment trade.

Policymakers should avoid lobbying by vested interests seeking to 'soften' technical screening criteria or 'water down' DNSH requirements, GTAG warns. 

GFANZ Asia-Pacific is to develop guidance on how financial institutions can fund the managed phase-out of coal power generation in the region.

Banque de France governor Galhau echoes calls for central banks to collaborate on biodiversity and nature loss.