Regulation

The latest developments in sustainable finance: No common companies in climate funds aligned with 1.5C, says Morningstar; Estonian government approves adoption of ESRS.

Prime minister Fumio Kishida outlined a series of planned sustainable finance policy measures in a speech at PRI in Person.

NBIM, CPP argue for more limited requirements on grounds of flexibility and comparability in consultation response.

EU financial watchdogs see overall improvements in disclosure and supervisory monitoring on PAI indicators but notes ‘incorrect references’ being used by national supervisors in survey responses.

The FCA and PRA have proposed requiring disclosure beyond gender and ethnicity for the largest firms.

German manager to pay largest ever ESG-related fine by an AM over claims it exaggerated the scale of ESG integration in its assets.

The French Ministry of Justice said the draft law will be submitted for the opinion of the Council of State within one month.

The latest developments in sustainable finance: GFANZ launches consultation on transition finance strategies; NZAOA call for clear climate policy frameworks.

Market participants welcome possible fixes to SFDR woes, but prospect of further compliance changes prompts increasing frustration.

The programme was launched to take advantage of new mandatory disclosure requirements.