Regulation

PRI calls for 'substantive policy response' to corporate target rollback; FCA challenged on cost to consumers of fund labelling rules.

BaFin set to issue clarification on how it views collaborative engagement, removing major deterrent for investors.

In 2025, the federal agency will incorporate expectations into supervisory assessments and risk ratings for large financial institutions.

Canada’s Sustainable Finance Action Council framework to cover ‘priority sectors and activities’ and lay the groundwork for green and transition taxonomies.

The consideration of ESG factors is currently voluntary for European retirement schemes.

The latest news in sustainable finance: German court issues judgement in Commerz Real sustainability advertising case; cost of capital for renewables utilities lower than for fossil.

The latest ESG movers and shakers: Persefoni replaces CSO, David Fairs joins consultancy LCP from UK pensions regulator.

Deutsche to take stricter approach to coal; Barclays and Commerzbank give first impressions on EU green bond standard.

Plus: The UK and Singapore unveil partnership on sustainable finance and green economy initiatives.

Politicians, AFME and ICMA welcome provisional agreement, but ICMA warns that usability issues with the taxonomy may harm widespread adoption.