Page 3 - Finance Task Force News Today

Their goal is to make sustainability data more widely available and comparable.

IOSCO calls for providers of ESG ratings and data to be subject to greater oversight and regulation in a new set of recommendations.

Review of ESG ratings highlights conflict, transparency concerns

Review of ESG ratings highlights conflict, transparency concerns

The Board of the International Organization of Securities Commissions (IOSCO) today has published a set of recommendations applicable to ESG Ratings and Data Product Providers.

<p><span>U.S. and UK participants held the fourth meeting of the U.S.-UK Financial Regulatory Working Group (Working Group) virtually on May 20, 2021.  The Working Group was formed in 2018 to deepen bilateral regulatory cooperation with a view to the further promotion of financial stability; investor protection; fair, orderly, and efficient markets; and capital formation in both jurisdictions.  As two global financial centers, cooperation between the United States a...

IOSCO sees support for mandatory global green reporting

James Langton The creation of an international standards-setter for sustainability disclosures is gaining momentum, according to the International Organization of Securities Commissions (IOSCO). Following roundtable discussions with global policymakers and industry (including asset managers and financial firms), the umbrella group of global securities regulators said there was strong support for its vision for an International Sustainability Standards Board (ISSB) to set standards for consisten...