The role of sustainability factors in the operations and investment management activities of asset managers has long been a subject of discussion and, in some jurisdictions, controversy. In recent years, however, the...more
2/6/2025
/ Asset Management ,
Climate Change ,
Corporate Governance ,
Disclosure Requirements ,
Employee Retirement Income Security Act (ERISA) ,
Environmental Social & Governance (ESG) ,
Financial Services Industry ,
Investment Management ,
Reporting Requirements ,
Risk Management ,
Securities and Exchange Commission (SEC) ,
Sustainability
The Financial Conduct Authority (FCA) is engaging with firms to improve diversity and inclusion in financial services. It has launched a consultation, CP23/20 Diversity and inclusion in the financial sector – working together...more
11/22/2023
/ Capital Requirements Regulation (CRR) ,
Corporate Governance ,
Data Disposal Protocols ,
Data Reporting ,
Diversity ,
Financial Conduct Authority (FCA) ,
Financial Services Industry ,
FSMA ,
General Data Protection Regulation (GDPR) ,
Harassment ,
Professional Misconduct ,
Proprietary Information ,
Risk Management ,
Sexual Harassment ,
Suitability Requirements
A brief recap – ESAs’ January 2021 letter to the EU Commission, EU Commission response and adoption of RTS
Signed by the European Parliament and the Council of the European Union on 27 November 2019 and published in the...more
Summary -
On 6 April 2022, the European Commission announced that is has adopted the regulatory technical standards to be used by financial market participants when disclosing sustainability-related information under the...more
4/8/2022
/ Corporate Governance ,
Disclosure Requirements ,
EU ,
European Commission ,
Financial Markets ,
Financial Regulatory Reform ,
Financial Services Industry ,
Market Participants ,
New Regulations ,
RTS ,
SFDR ,
Sustainable Finance
The Sustainable Finance Disclosure Regulation (SFDR) empowered the European Supervisory Authorities (ESAs) to develop draft regulatory technical standards (RTS) on taxonomy-related product disclosures. On 15 March 2021, the...more
In a letter dated 8 July 2021, the European Commission’s Director-General for Financial Stability, Financial Services and Capital Markets Union confirmed that the date of application of the regulatory technical standards...more
Introduction -
On 10 March 2021, the main operative provisions of the Sustainable Finance Disclosure Regulation (2019/2088) (SFDR) began to apply. However, rather than marking the end of the ESG journey, it is just the...more
6/28/2021
/ Capital Markets ,
Climate Change ,
Corporate Governance ,
Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
EU ,
Green Finance ,
Investment ,
Investment Management ,
Sustainability ,
Sustainable Finance
In light of the looming 10 March 2021 deadlines for both the SFDR (the Sustainable Finance Disclosure Regulation (EU) 2019/2088) and the AMF Position/Recommendation DOC-2020-03 (the “AMF Doctrine”),1 the AMF published a press...more
1/26/2021
/ AMF Doctrine ,
Business Plans ,
Business Strategies ,
Corporate Governance ,
Corporate Social Responsibility ,
Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
EU ,
Investment ,
Publicly-Traded Companies ,
SFDR
Asset managers across geographies and asset classes are increasingly incorporating environmental, social and governance (“ESG”) considerations at all levels of the investment management business. Increased focus on ESG has...more
What is the law?
Directive (EU) 2017/828 (“SRD II”), amending the Shareholder Rights Directive (2007/36/EC), came into force on 9 June 2017 [link]. SRD II introduced new transparency obligations on “institutional...more
11/16/2020
/ AIFM ,
Asset Management ,
Corporate Governance ,
Environmental Social & Governance (ESG) ,
European Economic Area (EEA) ,
European Shareholders' Rights Directive II (SRD II) ,
Institutional Investors ,
Publicly-Traded Companies ,
Shareholder Rights ,
Stakeholder Engagement ,
UCITS
What is the law/regulation?
As part of a number of regulatory initiatives being implemented in the European Union, under its action plan for financing sustainable growth, proposed amendments to AIFMD and the UCITS Directive...more
9/5/2020
/ AIFM ,
Alternative Investment Fund Managers Directive (AIFMD) ,
Asset Management ,
Conflicts of Interest ,
Corporate Governance ,
Due Diligence ,
Environmental Social & Governance (ESG) ,
EU ,
European Commission ,
European Economic Area (EEA) ,
European Securities and Markets Authority (ESMA) ,
Management Companies ,
Popular ,
Proposed Amendments ,
Publicly-Traded Companies ,
Risk Assessment ,
Risk Factors ,
Risk Management ,
Sustainability ,
UCITS