Regulation

The latest developments in sustainable finance: BlackRock accused by Mississippi secretary of state of making 'fraudulent' statements about ESG and non-ESG funds; Brazil Central Bank considers adopting ISSB standards.

Firm will retire assessments of manager commitments to ESG as it prepares for compliance with EU ESG ratings rules and global codes of conduct.

Report will build on previous work and ‘tackle supervision’ for NCAs, as global asset manager warns 'engagement washing' could be next industry issue.

Signatories welcome streamlined reporting and planned focus on developing markets and policy, but stress importance of maintaining integrity.

The French financial watchdog is experiencing budget and staffing difficulties amid new CSRD requirements, while other EU regulators have announced plans to assess their resources.

Sustainable Finance Beirat sets out framework for collaborative engagement platform in Germany but warns legal uncertainties remain.

At the same time, banks were also found to be 'highly exposed' to transition risk.

Much remains uncertain as the multiple cases against the SEC climate rule wind their way through the justice system.

Australia launches consultation on assurance for climate reporting; Hesta engagement with Woodside fails; Rio Tinto promises more transparency on climate disclosures.

The latest developments in sustainable finance: NBIM cracks down on gender diversity; Iceland raises €750 million from its inaugural green bond.