I want to talk to you today about two topics: first, what the Securities and Exchange Commission (SEC) in the United States has proposed on climate-related disclosures by public companies; and second, what we—the investor community—mean when we ask for global inter-operability of...
On 12 May 2022, the Green Finance Industry Taskforce (GFIT), convened by the Monetary of Singapore (MAS), published for public consultation the second version of its proposed taxonomy for Singapore-based financial institutions ("Singapore Taxonomy").
The Department of Labor (DOL) and the Treasury Department and Internal Revenue Service (IRS) recently issued their updated Spring 2022 Semi-Annual Regulatory Agendas (Agendas), which include projected dates for issuance of proposed and final regulations.
The ICI filed its comment letter with the SEC responding to its proposal The Enhancement and Standardization of Climate-Related Disclosures for Investors.
ICI Global submitted the attached response to selected survey questions from the European Commission's Targeted Consultation on the Functioning of the ESG Ratings Market in the European Union and on the Consideration of ESG Factors in Credit Ratings.
On May 25, 2022, the US Securities and Exchange Commission voted 3-1 to propose enhanced disclosures by certain investment advisers and investment companies about environmental, social, and governance (ESG) investment practices.
On May 25, the Commission issued a proposal for amendments to Investment Company Act of 1940 Rule 35d-1, which regulates fund names (the "Names Rule"), as well as associated rules and forms. The proposal passed by a vote of three-to-one.
This is the dawn of a new era. It’s an era of change – for the industry, the economy, and society as a whole. But most of all, this is an era of leadership for each and every one of us.
It’s a privilege to serve as the chair of the Investment Company Institute’s first-ever Leadership Summit and a pleasure to welcome all of you here today.
