Central banks & regulators

FSA noted gaps in relation to product, strategy and stakeholder engagement-related reporting.

Despite guidance from Competition Bureau, concerns remain as firms continue to hold back on disclosures.

The latest developments in sustainable finance: NBIM to exclude six companies with operations linked to West Bank and Gaza; UK Transition Finance Council launches consultation on draft guidelines.

Representatives from central bank and market watchdog flag concerns over interoperability issues with ISSB in draft simplified ESRS.

Regulator considering how to 'streamline and enhance' reporting framework for financial institutions to ease unnecessary burdens.

Market participants flag policy gaps, capital mobilisation issues and lack of progress on adaptation funding as barriers to global leadership.

Regulator asks for court to decide legality of rules to 'conclusively resolve dispute' but refuses to rule out retraction even if it wins.

The latest developments in sustainable finance: Academics propose two-tier CSRD reporting; Columbia Threadneedle upgrades fund to Article 9.

The latest developments in sustainable finance: FCA 'may review' climate disclosure rules once ISSB standards endorsed; German state issues tender for six sustainably-managed bond funds.

A report on modelling nature scenarios is expected to be issued sometime before the end of next year.