regulation

The US financial regulator has been increasing its scrutiny of ESG claims by investment firms.

The 89-page report provides an in-depth look at the regulatory obligations for UK-based actors in the private markets.

Private equity investors made progress on ESG data gathering and reporting in 2022. Regulation will be a significant talking point in 2023, says HarvourVests ESG leader Natasha Buckley.

SEC examiners continued interest in advisers pursuing ESG strategies is seen in new Division of Examinations document request letters addressing this issue.

The past year brought existential debate, some helpful regulation and productive collaboration on climate and data matters, but a lack of urgency is still an issue.

A new fund labelling regime will separate ‘sustainable’, ‘improver’ and ‘impact’ funds, say Herbert Smith Freehills’ Shantanu Naravane and Rebecca Perlman.

Investment managers can consider “the economic effects of climate change and other environmental, social, or governance factors” when making investment decisions under ERISA without risking their fiduciary status, according to a new final rule from the Department of Labor.

A biodiversity net gain rule in the UK, which is expected to come into effect in late 2023, is “moving up investors’ agendas”, Aviva Investors, says.

Regulator reverses Trump-era rules that limit how workplace pensions can address ESG issues.

The US regulator has started asking managers for granular detail about GHG emissions data and industry ESG standards, like the UN-backed PRI.