Prime segment listed companies will be expected to follow climate risk disclosure requirements as the country looks to align to TCFD reporting standards
The UK watchdog has released a discussion paper on sustainability disclosure requirements for asset managers and on a new labelling system for sustainable investment products, which sources say are more practical than the EU’s SFDR rules
EUIPO data shows non-EU countries are applying for ‘green’ EUTMs at a higher rate than their European counterparts, but which industry comes out on top?
Supervisors attending this year’s meeting of the Institute of International Finance were at pains to show they would not be rushing to impose capital penalties on banks based on climate stress tests. But the issue is at the heart of a debate over what the limits to regulatory scope should be.
The banking sector will never pick its way through the climate change jungle without harmonized regulations. To meet global risks, a global sector needs global standards. It is time for Basel V.
Annual stress tests of bank balance sheets were one of the last decade’s most obvious supervisory responses to the global financial crisis. With a wave of new bottom-up assessments now getting under way, regulators hope to do something similar with climate risks. Can they do it or will this simply result in a toothless box-ticking exercise?
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