Data, Sustainability risks internal audit

IOSCO considers rulebook for ESG data providers


July 30, 2021

Providers of data and ratings for environmental, social and governance (ESG) factors could come under an explicit international regulatory framework to ensure consistency, according to a new report from the …

Read More
Australia, Parliament, JobKeeper

Australia confronts Jobkeeper profiteering amidst disclosure concerns


July 23, 2021

With Australian proxy season preparations now underway, the Australian federal authorities are looking to introduce a public register of companies that use the government’s JobKeeper programme. Debates around the …

Read More
Letter

TCFD recommendations ‘lack feasibility for pension funds’

Technical gaps and weaknesses risk “carbon washing” of funds, warns the Transition Pathway Initiative


July 23, 2021

UK-based asset owners have warned that the Task Force on Climate-related Financial Disclosures (TCFD) portfolio alignment …

Read More
Letter

Biden signs executive order to curb anti-competitive industries

The wide-ranging order aims to promote competition within a range of sectors and follows an uptick in M&A activity


July 19, 2021

US President Joe Biden has signed an executive order targeted at clamping down …

Read More
overload

Are pension funds experiencing disclosure overload?


July 9, 2021

This week, Minerva CEO Sarah Wilson spoke to Mallowstreet editor Sandra Wolf for a feature on the growing reporting burden facing UK pension schemes. Sarah discusses the challenges schemes face and …

Read More
Big Tech

Tech giants resist adding ESG to financial reports


June 25, 2021

Leading global tech groups are resisting plans to include ESG disclosures in financial statements to US regulators.

Tech giants including Microsoft, Alphabet, Amazon, and Facebook have written to the …

Read More
FSA, Japan

Japan’s regulator urged to toughen ESG rules


June 25, 2021

Japan’s financial watchdog, the Financial Services Agency (FSA), should introduce a new code of conduct for ESG data providers and build a platform to monitor ESG-related bonds, according to an …

Read More
FCA logo

FCA signals the expansion of climate disclosure rules


June 25, 2021

The UK’s Financial Conduct Authority (FCA) has published plans to extend climate-related disclosures to all companies listed on London’s main stock market as well as to all asset managers, …

Read More
SEC Headquarters

SEC unveils Spring regulatory agenda


June 18, 2021

The regulator’s short-term plans reflect its legislative ambitions since entering office

The Securities and Exchange Commission (SEC) has filed its Spring 2021 regulatory agenda, outlining short- and long-term regulatory actions that administrative …

Read More
TCFD

The UK’s Department for Work and Pensions (DWP) has set out plans for reporting requirements and climate risk assessment for pension schemes. This comes as the TCFD launches its own consultation to determine the future of its reporting standards.

In …

Read More