-238x150.jpg "FRC claims ‘a lot of support’ for revised stewardship definition")
Home Central banks & regulators
Central banks & regulators
Changes to definition of stewardship to remove environment and society references prompt unease among sustainability advocates.
Research comes amid industry debate on claiming engagement outcomes and impact.
The EU is under pressure to reduces the costs of regulatory compliance and boost competitiveness.
'Omnibus approach' promised by European Commission to promote competitiveness could cause implementation delays, experts warn.
Investors and lawyers look at the implications of changes at the White House and SEC for environmental and social shareholder resolutions.
BaFin, Dutch and Danish regulators recognise pressure on companies, others are still hammering out details.
Transition finance, adaptation and resilience, and the US election have been big topics on the ground for financial institutions.
FRC also proposes changes to stewardship definition to clarify focus on clients and beneficiaries.
Bourses identify 21 reporting areas in draft double materiality framework, will ask companies to select sector-specific metrics.
Major progress made on PAI disclosures, but challenges remain for both supervisors and investors according to annual review by EU watchdogs.