ESG Content

On July 19, 2021, the UK FCA published a "Dear Chair" letter to the chairs of authorized fund managers. The letter sets out the FCAs expectations on the design, delivery, and disclosure of environmental, social and governance (ESG) and sustainable investment funds. The letter includes...

SEC Chair Gensler spoke at a Principles for Responsible Investment-hosted webinar, which was attended by Fiona Reynolds, Margarita Pirovska, and Sagarika Chatterjee of PRI. He indicated that staff is developing a mandatory climate risk disclosure rule proposal for the Commission's...

On 22 June 2021, the UK Financial Conduct Authority (FCA) published a proposal to introduce climate-related financial disclosures by asset managers, life insurers, and FCA-regulated pension providers, aligned with the recommendations of the Financial Stability Board's Task Force on...

We are currently responding to a European Commission's consultation, Retail Investment Strategy for Europe, which includes a number of questions on sustainable investing. The overall purpose of the consultation is to determine how to increase retail investor participation in the EU...

In remarks at a July 20, 2021, Brookings event, SEC Commissioner Hester Peirce set forth ten theses for consideration relating to the complexities and consequences of potential ESG rulemaking, which are summarized below.

Attached for your reference is our response to the TCFD's Consultation on Proposed Guidance on Climate-related Metrics, Targets and Transition Plans .

Chair Gensler recently announced that Corey Klemmer, Adam Large, Mika Morse, Sirimal Mukerjee, and Sai Rao had joined the SEC, reporting to Policy Director Heather Slavkin Corzo. The background and responsibilities of the new personnel are summarized below.

On 30 June 2021, the Board of the International Organization of Securities Commissions (IOSCO) released for public consultation the "Recommendations on Sustainability-Related Practices, Policies, Procedures and Disclosure in Asset Management" ("Consultation Report"). The consultation...