International Content

As we previously informed you, on August 26, 2022, the Public Company Accounting Oversight Board (PCAOB) announced that it signed a Statement of Protocol with the China Securities Regulatory Commission and the Ministry of Finance of the People's Republic of China regarding the PCAOB's...

On 18 November, the European Securities and Markets Authority (ESMA) published a consultation on proposed guidelines introducing quantitative criteria for funds with names using ESG- or sustainability-related terms.

The three European Supervisory Authorities (ESAs) published a Call for Evidence on greenwashing to gather input from stakeholders on how to understand the key features, drivers and risks associated with greenwashing and to collect examples of potential greenwashing practices. Comments...

On October 13, the International Organization of Securities Commissions (IOSCO) released a survey on index providers directed at asset managers and index providers, focused on examining the nature of the interactions between these two parties.

​​​​​​​SEC Commissioner Mark Uyeda delivered remarks at a recent Cato Institute conference focusing on the rise of environmental, social, and governance (ESG) investing and the future of financial regulation. His remarks are summarized below.

This memorandum catalogues significant ESG related developments that have occurred since April 11, 2022. It references ICI memoranda that provide a more fulsome description of each matter. You can find all of these memoranda on our website in our ESG Resource Center.

On November 10, the Financial Stability Board (FSB) issued a progress report on work to enhance the resilience of non-bank financial intermediation (NBFI). The FSB's NBFI work program, first published as part of its Holistic Review of the March Market Turmoil in November 2020, spans...

On 25 October, the UK Financial Conduct Authority (FCA) issued a Consultation Paper on Sustainability Disclosure Requirements (SDR) and Investment Labels. Comments on the proposal are due on 25 January 2023. The proposal notes that the FCA intends to issue final rules by the end of...

A coalition of financial services industry organizations submitted the attached letter to the European Commission regarding a proposed withholding tax relief procedure. The letter, crafted by the ICI, summarizes several key observations and thoughts from coalition members that met in...

In July 2022, the Joint Committee (JC) of the Asia Region Funds Passport (ARFP) agreed to commence a review of the ARFP as provided for in the Memorandum of Cooperation, which governs the implementation and operation of the ARFP. The review will cover the current arrangements and also...