SEC and ASIC crack down on greenwashing
August 16th, 2023
The Australian and US national financial regulators are taking legal action against companies accused of greenwashing funds and misleading investors.
The Australian Securities and Investment Commission (ASIC) and the US …
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August 11th, 2023
A new set of UK standards based on the IFRS Sustainability Disclosure Standards are to be rolled out that will enable companies to flag any sustainability-related risks and opportunities that they …
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August 7th, 2023
Just a small minority of large US companies are able to share their total worldwide tax contributions, as pressure from stakeholders and regulators over ESG disclosure grows, a …
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Republican-led FSC proposes ESG crackdown legislation
1st August, 2023
The Republican-led US congressional Financial Services Committee (FSC) has proposed a series of bills that are designed to limit the impact of ESG initiatives.
The committee, chaired by Republican Patrick …
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FRC applauds new reporting requirements
July 26th, 2023
The Financial Reporting Council (FRC) has welcomed the UK government’s draft statutory instrument on corporate reporting, which introduces new requirements for companies.
The new rules will require companies to introduce an …
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FCA delays SDR for second time
July 21st, 2023
The Financial Conduct Authority (FCA) has delayed publishing its final Sustainability Disclosure Requirements (SDR) until Q4 2023.
In a regulatory update, Nikhil Rathi, CEO of the FCA, and Sam …
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July 18, 2023
The US congressional Financial Services Committee has begun investigating the rules that govern proxy voting, the processes through which activists apply pressure to public companies to adopt ESG goals.…
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TPR launches first trustee diversity survey
July 11th, 2023
The Pension Regulator (TPR) is calling on trustees to take part in its first diversity and inclusion survey, to build a clearer picture of the make up of UK boards.
The …
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North Carolina anti-ESG bill becomes law
July 6, 2023
A North Carolina anti-ESG bill has become law after a Democratic veto was overturned.
The new law prohibits state agencies and state pension plan fiduciaries from considering ESG measures when …
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June 27, 2023
Democrat Senate banking chair Sherrod Brown has gained a rare level of bipartisan support for a bill designed to bring heavier regulation to the US banking sector.
In cooperation with …
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