Regulation

SEC advisory committee called for guidance on fiduciary duty for selection of asset management firms

Commission promises changes to ‘acting in concert’ rules and a focus on the credibility of climate targets

EU pushes on with inclusion of gas in taxonomy, despite IEA ruling, and extends deadline for SMEs

Commission to recognise green mortgages as lower risk in relation to capital requirements, and will explore other asset classes

Plans for ESG Benchmark Label and tightening of SFDR category 8 rules

Strategy includes an emphasis on SMEs, transition finance and global standardisation

Results of DWP’s consultation show mixed views about disclosure proposals

The new report comes as the UK and EU sustainable finance plans highlight further plans for biodiversity and nature

The Government also published its green bond framework ahead of the planned £7bn debut issuance

Documents seen by RI reveal that a consultation will also launch on the functioning of the ESG ratings market, alongside wide-ranging plans for the broader financial sector