As a part of its 2018 EU Action Plan on Sustainable Finance, the TEG has issued its final report on two minimum benchmarks to help sustainable investments, while addressing greenwashing concerns.
Karla Voráčková will lead the new unit.
Open-ended funds investing in inherently illiquid assets such as property should provide investors with clear and prominent information on liquidity risks, according to new rules by the Financial Conduct Authority (FCA).
The former managing director of the French Prudential Control and Resolution Authority has shared his view on why the European banking system, while solid, is unable to appear truly stable.
Pensions and Lifetime Savings Association (PLSA), which represents 1,300 pension schemes with £1trn assets under management, said that small, good quality schemes should be given regulatory space to thrive.
The Dutch financial authority AFM and the Netherlands' central bank DNB have released the results of a questionnaire on the interest rate benchmark transition sent to the heads of local banks, insurers and pension funds.
The German Federal Ministry of Finance (BMF) shared the fund industry’s concerns over the lapses in MiFID II reporting, where investors receive excessive product information and less investment advice.
The BIS’s recent quarterly report is the latest to criticise risks posed by collateralised loan obligations.
The European Union’s taxonomy – a classification system to define what constitutes an environmentally sustainable economic activity – has been pushed back to the end of 2021, with application only by 2022.