Regulators

BaFin says it is applying rules when processing new fund applications as at least 30 European funds drop ESG terms this year.

The latest developments in sustainable finance: SBTi publishes draft net-zero standard for financial institutions; ESMA calls for definition of transition investments in EU sustainable finance framework.

The AMF has given asset managers in breach of the EU regulation until December to comply.

The latest developments in sustainable finance: Nuveen and Sumitomo Mitsui Asset Management among new UK stewardship code signatories; Oklahoma judge permanently halts energy boycott law.

The provider joins Sustainalytics in exiting the market, while MSCI stays.

German regulator calls for reporting burden to be slashed for EU investors, supports introduction of UK-style fund-labelling categories.

Recent Supreme Court decisions will be a headwind but not a huge blow to SEC's climate rule and ESG enforcement, say lawyers.

Managers falling short on disclosures at entity and fund-level, especially on greenwashing risk, AMF says.

The latest developments in sustainable finance: UK government appoints new pensions minister; NBIM issues call for climate finance proposals.

Only a handful of member states have met the 6 July transposition deadline for the EU directive.