FCA dismisses fund industry ‘green bubble’ disaster talk in SDR grilling
IA chief Chris Cummings expressed concerns of ‘potential bubbles’ as investors rush to narrow range of sustainable funds
Regulation
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Asia Pacific energy transition capital creates pipeline for sustainable bonds
Flurry of Asia bond issuance this year of which 26% were GSSS
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Consumer Duty forces ‘new scrutiny’ on finance sector governance
FCA rule comes into force in July
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French regulator recommends stricter SFDR criteria
AMF calls for minimum environmental impact requirements for Article 8 or 9 funds
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AXA IM links senior pay to ESG goals
Will use a number of metrics including carbon intensity in portfolios
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California may have more say in climate disclosure than SEC
A bill in the state goes well beyond what the SEC has proposed
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‘No evidence’ pension fund TCFD reporting driving change on climate
Some pension funds ‘only viewing it as a compliance obligation’
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Indonesia identifies first coal plant to retire early
The country is the world’s biggest thermal coal exporter and heavily reliant on the fuel for electricity
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SEC emphasizes probing ESG, marketing rule, Reg BI compliance
The agency’s other examination priorities for this year include RIAs who manage private funds, ESG investing and crypto
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Investor sustainability surge to accelerate
ESG doomsayers will be disappointed in 2023 and beyond
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Firms need to be prepared to roll up their sleeves this year
There’s a mass of regulation coming down the line this year
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‘On the naughty step’: Implications of SDR and Consumer Duty for advisers
Square Mile webinar considers whether SDR means ethical funds and index trackers are left behind