EU diverges from UK on stewardship disclosures
January 3rd, 2023
European regulations could deviate from UK rules on stewardship disclosures following responses to a consultation on the EU’s Sustainable Finance Disclosure Regulation (SFDR).
Asset manager DWS called for greater disclosures …
Read More
FCA issues guidance on shareholder cooperation for ESG stewardship
January 2rd, 2024
The Financial Conduct Authority (FCA) has published guidance on ESG stewardship engagement and collaboration in relation to legislation on insider trading.
The UK regulator confirmed that voting intentions …
Read More
Japan introduces reforms to boost asset management sector
December 21st, 2023
The Government of Japan has published a new policy plan to position the country as a leading asset management centre, including corporate governance reforms.
The ‘Policy Plan for …
Read More
DQ Entertainment fine highlights importance of governance breaches
December 21st, 2023
Three directors of DQ Entertainment have been fined $30.8 million in a landmark ruling for fraudulent and reckless trading and other breaches of company law.
Directors Rashida Adenwala, Tapaas …
Read More
FRC identifies TCFD disclosures as area of focus
December 14th, 2023
The Financial Reporting Council (FRC) will include climate-related risks, including Task Force on Climate-Related Financial Disclosures (TCFD), as one of its key areas of supervisory focus for 2024/25 financial …
Read More
SEC delays climate disclosure rules
December 12th, 2023
The Securities and Exchange Commission (SEC) has pushed the expected adoption of its final climate disclosure rules until April 2024.
The US regulator released its Fall 2023 Reg Flex Agenda, which …
Read More
IFRS takes over monitoring climate-related disclosures from TCFD
December 8th, 2023
The International Financial Reporting Standards Foundation (IFRS) will oversee companies’ climate-related disclosures following the disbanding of the Task Force for Climate-related Financial Disclosures (TCFD).
The Financial Stability Board (FSB) …
Read More
Report finds major banks are financing deforestation and biodiversity loss
December 7th, 2023
Banks have poured $307bn into high-risk forestry and agriculture companies linked to tropical deforestation since the Paris Agreement was signed, a report by the Forests & Finance …
Read More