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It could introduce the world’s first mandatory requirements to audit ESG disclosures.
The regulator also raised concerns over sustainability-linked bonds.
Plus: NBIM backs the 'introduction of reasonable assurance' for carbon emissions reporting in Australia.
Move comes as Danish regulator issues improvement orders to eight funds over sustainability disclosures.
"Washington, DC, USA - October 4, 2012: The United States Securities and Exchange headquarters building located on F Street in Washington, DC. A security guard and other people are present in this photo. The U.S. Securities and Exchange Commission hold primary responsibility for enforcing federal securities laws."video
Regulatory filings suggest a blockbuster year for ESG rule-making in the US, including action on social issues.
The FCA's head of ESG explains the thinking behind the proposed labelling regime for UK sustainable funds.
Federal Council sustainable finance envoy voices concerns about green taxonomy, argues for focus on science-based transition plans.
European Union flags
Nathan Fabian comments after members of the group staged a mass walkout in response to claims of interference.
The code is open for market feedback until next week.
The changes will take effect from 2023 barring legal challenges.
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