![ri](https://www.responsible-investor.com/wp-content/themes/Newspaper-child/images/modal/modalheader-ri-rebrand.png)
Home Regulation
Regulation
India’s recent budget presentation said government will develop climate taxonomy, two years after initial proposal was submitted.
BaFin says it is applying rules when processing new fund applications as at least 30 European funds drop ESG terms this year.
The AMF has given asset managers in breach of the EU regulation until December to comply.
Industry participants welcome the new UK government's ambition and early steps on green policy, but note a lack of explicit sustainable finance focus.
The provider joins Sustainalytics in exiting the market, while MSCI stays.
The regulator will also clarify recent legislative changes around shareholder engagements.
Australian government also urged to add pollution to headline ambitions in responses to first consultation on sustainable finance roadmap.
German regulator calls for reporting burden to be slashed for EU investors, supports introduction of UK-style fund-labelling categories.
The NGOs are also engaging with the UK FCA on the topic.
Managers falling short on disclosures at entity and fund-level, especially on greenwashing risk, AMF says.