Australia Court Fines Active Super A$10.5 Million for Greenwashing ESG Investing Claims
A federal court in Australia imposed a A$10.5 million (USD$6.7 million) penalty on superannuation fund […]
Regulators
FCA, PRA Drop Plans for New Diversity and Inclusion Rules
UK financial regulators the Financial Conduct Authority (FCA) and the Bank of England’s Prudential Regulation […]
M&G to Adopt “Sustainability Improvers” Label for Climate-Focused Fund Range
International investment manager M&G Investments announced that it will adopt the new “Sustainability Improvers” label […]
Canada Pushes Back Requirement for Banks, Insurance Companies to Report Financed Emissions by 3 Years
Canada’s financial regulator, the Office of the Superintendent of Financial Institutions (OSFI), announced a new […]
New Acting SEC Chair Questions Need for Climate Disclosure Rule
Acting U.S. Securities and Exchange Commission (SEC) Chairman Mark Uyeda announced today that he would […]
Schroders to Adopt All Four of the FCA’s SDR Sustainability Labels for Funds
Global investment manager Schroders announced plans to adopt each of the four sustainable investment labels […]
U.S. Federal Reserve Leaves Climate Risk-Focused Central Bank Coalition
The U.S. Federal Reserve announced on Friday that it has withdraw from the Network of […]
EBA Releases Requirements for Banks to Manage ESG Risks
EU banking supervisor The European Banking Authority (EBA) announced the release of its final Guidelines on […]
Aegon, Cazenove to Adopt FCA’s SDR Sustainability Focus Label for Funds
Asset managers Cazenove Capital and Aegon Asset Management each announced plans to use the new […]
UK Regulator Bans Lloyds Ad Over Misleading Climate Claims
UK ad regulator the Advertising Standards Authority (ASA) ruled today that an ad by Lloyds […]
