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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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ClientEarth: FCA approval of Ithaca Energy ‘unlawful’ for inadequate climate disclosure
Lawyers file a claim against the UK regulator for its approval of the oil and gas company’s prospectus
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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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SDR: The implications for DFMs
Concerns of vast swathes of assets chasing labelled funds and a threshold MPS will never meet
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Will disclosing ‘unexpected’ holdings lead to greater transparency?
Groups say SDR proposal is ‘innovative’ but subjective
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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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FCA turns attention to linking executive pay to sustainability
Discussion paper looks at governance, incentives and competencies relating to ESG outcomes
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Finance must realise civil society wants to help
World Benchmarking Alliance finance lead shares findings following industry benchmark
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Investor sustainability surge to accelerate
ESG doomsayers will be disappointed in 2023 and beyond
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$5trn investor coalition creates sovereign debt climate framework
Ascor aims to plug gap for assessing climate risk in the asset class
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FCA to test ESG claims at asset managers
UK regulator will start with governance at ‘firms already under surveillance’

