delayed

EU delays SFDR product disclosure rules to 2023


December 3, 2021

EU rules requiring greater disclosure of investment products’ green credentials are to be delayed until 2023, it has emerged.

The European Commission has postponed the implementation of disclosure requirements …

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Corporate Governance

FRC targets governance code improvements


December 3, 2021

The UK’s accounting watchdog has reported general improvements in reporting against the UK Corporate Governance Code, but has called for improvements in several areas.

The Financial Reporting Council (FRC) said in its …

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EU Banks Remain Unprepared for Climate Risks


November 11, 2021

On Monday, in a first-of-its-kind exercise, the European Central Bank (ECB) released a report in which it evaluated the progress of climate-related and environmental risk management amongst the banks it …

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remuneration

UK companies warned over remuneration practices


November 26, 2021

UK companies have been put on notice over aligning executive remuneration with stakeholder experience as the Investment Association (IA) updates its guidelines. This comes as the High Pay Centre questions

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ESMA pulls back from ESG legislation for rating agency methodology

EU looks to address ESG data gaps


November 26, 2021

The European Union is preparing a “single access point” for financial and sustainability data, according to leaked documents.

It has been reported that the EU wants to give investors “seamless …

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IOSCO

IOSCO calls for oversight of data providers


November 26, 2021

Providers of environmental, social and governance (ESG) ratings and data should be subject to greater oversight and regulation, according to watchdogs.

The International Organization of Securities Commissions (IOSCO) earlier this …

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Norwegian SWF gets active in activism

November 11, 2021

The world’s largest sovereign wealth fund has joined the Taskforce on Nature-related Financial Disclosures (TNFD), an industry-led initiative that aims to provide a framework for organisations to report and …

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BEIS aims to ‘restore’ investor trust in audit and corporate governance

What makes a good audit?


November 19, 2021

The corporate audit regime in the UK has long been criticised by some in the industry for lax standards and poor oversight.

In an effort to address these concerns as part of …

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Votes, voting

SEC approves proxy voting rule changes


November 19, 2021

The US Securities and Exchange Commission (SEC) has approved several amendments to proxy voting rules to address concerns about the impairment of advice quality.

The new rules follow the ‘Sunshine Act …

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Rishi Sunak, TCFD, FCA, Announcement

FCA launches TCFD rule consultation


November 19, 2021

The Financial Conduct Authority (FCA) has published plans for climate-related disclosure rules for listed companies.

As announced by UK chancellor Rishi Sunak at the COP26 conference earlier this month, the rules will …

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