May 16, 2023
The Securities and Exchange Commission (SEC) published the draft Open-End Fund Taxonomy and taxonomy guide for public review. Files are available at https://www.sec.gov/structureddata/dera_taxonomies. Sample filings using the…
May 12, 2023
The US Securities and Exchange Commission (SEC) adopted welcome amendments that requires open-end funds (OEF) to prepare concise, visually engaging, iXBRL tagged annual and semi-annual reports for…
May 12, 2023
Share buybacks are a significant chunk of US market demand for stocks, amounting to more than $1.25 trillion in 2022. Issuers use buybacks to return capital to…
In September 2022, the FCA sent a portfolio letter to benchmark administrators where the FCA highlighted the risk of poor disclosures for ESG benchmarks. High quality ESG benchmarks are important…
While there has been a lot of focus on climate relate disclosures in recent years, the past year saw some significant import placed on biodiversity and nature in the wider…
The Financial Reporting Council has issued a joint statement with the FCA, the BoE and the TPR welcoming the Government’s update to the Green Finance Strategy, which recognises the role…
U.S. President Joe Biden on Monday rejected a Republican proposal to prevent pension fund managers from basing investment decisions on factors like climate change, in the first veto of his…
This week the European Supervisory Authorities (ESAs), together with the European Central Bank (ECB) published a statement encouraging disclosure standards for climate-related data on securitised assets.
The ECB and ESAS argue…
Combating Greenwashing through the Advent of ESG Reporting Software
As highlighted by Gartner researchers, political entities globally are expected to endorse nation-state initiatives for investing tens of trillions of dollars towards climate…
ESG is reshaping the global landscape as stakeholders increasingly want businesses to adopt more sustainable practices. Without a doubt, the business discourse no longer focuses on growing and increasing earnings.…
According to the EU’s new Corporate Sustainability Reporting Directive (CSRD), the introduction of Inline XBRL in mandatory sustainability reporting is becoming increasingly vital. Investors, regulators, and stakeholders are placing greater emphasis on…