Author Archives: Liz Pfeuti
legal action

Anti-SLAPP action proposed by UK government


December 6th, 2022

Legislative reforms to tackle the increased use of strategic litigation against public participation (SLAPP) cases against journalists and watchdogs have been proposed by the UK government.

The new legislation will prevent …

Read More
The EU Sustainable Finance Platform: Where are the owners?

EU Council directive strengthens cybersecurity measures 


November 30, 2022

New standardised ‘high level’ cybersecurity rules are being proposed for the EU by the European Council, which will bring more firms under this regulatory reach.  

Called NIS2, this new directive

Read More
DoL, Department of Labor

DOL final rule allows fiduciaries to consider ESG factors 


November 23, 2022

The US Department of Labor (DOL) has issued a final rule to replace controversial regulation regarding inclusion of ESG investments in pension plans. 

The Prudence and Loyalty …

Read More
ESMA pulls back from ESG legislation for rating agency methodology

Europe’s biggest regulators launch greenwashing study 


November 22, 2022

A major greenwashing study has been launched by three of Europe’s most powerful financial regulatory bodies. 

The study is currently built around a call for evidence aimed at gathering information …

Read More
net zero

GFANZ unveils framework for transitioning companies


30 September 2022

The Glasgow Financial Alliance for Net Zero (GFANZ) has released a new report on transition plan disclosure for real-economy companies, making a case for clarity surrounding “critical components” needed to disclose …

Read More
Drawing of runaway cashflow; Pensions; Pension schemes

UK schemes told to review cash flow position


30 September 2022

UK pension schemes have been urged to assess their cash flow position after a spike in gilt yields triggered worries about a scramble for cash.

The Pensions Regulator (TPR) …

Read More
Biodiversity; Field of flowers

Ministers urged for biodiversity regulation


September 30, 2022

The CEOs of three financial institutions have written to global finance ministers with a plea for support for biodiversity and nature-related risk regulatory frameworks.

The letter to the Finance Ministers Coalition for …

Read More
data

$10.6trn alliance pushes companies on data transparency


September 23, 2022

The NZAOA is pushing for real-world companies across 12 sectors to begin disclosing data.

Companies and data providers are being urged to become more transparent by the UN-convened Net-Zero Asset …

Read More
NGOs press government for further action on slavery

Forced labour goods reg proposed by EU


EU will keep a publicly-available database of forced labour risks in specific geographies.

A ban on the import, export and sale of goods made with forced labour has been proposed in the European …

Read More
Australia, Banks, CBD

Australia’s ESG movement builds momentum 


September 15, 2022

Australia’s new-found commitment to ESG investment is gathering momentum, with both the Principles for Responsible Investment (PRI) and Climate Action 100+ updating their guidance for the nation. 

Traditionally regarded as an ESG …

Read More