In the AML action, Deutsche Bank’s DIMA, without admitting or denying the SEC’s findings, agreed to a cease-and-desist order and a $6 million penalty. In the ESG misstatements action, the company consented to a cease-and-desist order, censure, and a $19 million penalty.
“As the fund industry has developed over the last two decades, gaps in the current Names Rule may undermine investor protection. Today’s final rules will help ensure that a fund’s portfolio aligns with a fund’s name. Such truth in advertising promotes fund integrity on behalf of fund investors.”
“Effective positive change requires efforts and cooperation among key players in the market. Euronext can significantly impact the European sustainability agenda by leveraging its distinct position in financing the real economy and linking local economies with global capital markets.”
The Public 1H 2023 report sheds light on the shifting dynamics of retail investor behavior and strategies. As investors increasingly diversify portfolios, harness AI for research, and grapple with economic uncertainties, the investment landscape continues to evolve.
The benchmark offers digital asset ESG ratings for 40 of the largest, most liquid crypto assets and is supported by thousands of hours of research, utilizing both qualitative and quantitative metrics to assess a broad range of ESG parameters.
“The industry code of conduct will help give greater confidence to financial market participants using ESG ratings and data products”
“We have the foundations of the sustainable finance framework in place. Now is time to build on them. Today we are taking steps to further develop the EU Taxonomy. And we are bringing more transparency and integrity to the market by introducing rules on the operations of ESG rating agencies.”
“This is a real milestone, as our survey reveals widespread adoption among exchanges of both the WFE Sustainability Principles and ESG initiatives. The industry has now come together to create the Green Equity Principles, the first exchange-wide agreement on what is green.”
“In recent years, a trend toward smaller investments in the cash equity market has increased demand for more precise risk management tools.”
“We’re looking forward to receiving feedback from financial professionals on how this innovative tool can enable sustainable growth and we’re excited for what lies ahead.”
“By offering a simple and user-friendly questionnaire, TASE helps companies that are taking their first steps in this field to align with international standards, implement processes and make their ESG activity transparent.”
Finastra has partnered with Alygne, a sustainability technology platform that provides tailored ESG alternative data, to help asset managers globally make more informed ESG investments. A new connector seamlessly integrates Alygne’s data into Fusion Invest, allowing users to leverage the portfolio management capabilities of the solution to ensure portfolios support their ESG-related values. Retail and […]
“Demand for high-quality, granular ESG data is soaring across financial markets, driven by a growing need for investors to fulfill regulatory requirements and meet client demand for greater transparency on non-financial issues.”
“This enlarged dataset has shown that pricing inconsistencies are not only widespread, but that there are even larger disparities out there in terms of what firms are paying the same vendors for similar market data products.”
The ESG Service automates the means for tracking ESG performance and the related margin changes to deliver significant benefits to users across the middle and back office, including credit managers, borrowers, and sustainability coordinators.
“By most metrics, securities settlement activity in 2022 drove one of the busiest years we’ve ever seen, led by more than ten mega-settlements exceeding $100 million, including the second largest securities settlement outside North America.”
ICE changed the methodology for Low Sulphur Gasoil futures from previously delivering diesel from any origin, to deliver diesel that does not include any originating from Russia. ICE Gasoil is the global benchmark for refined oil products.
“The Kingdom of Saudi Arabia, and the broader Middle Eastern region, are one of the world’s most dynamic and exciting economic and innovation hubs and also home to some of the fastest growing investor groups in the world. Hong Kong and HKEX’s markets offer significant opportunities for international investors and corporates, including unrivalled connectivity to the Mainland Chinese markets through our unique Connect programmes. This agreement signals the beginning of even greater collaboration between our companies and our home markets, and we look forward to exploring many future areas of cooperation.”
“These new ETFs will resonate strongly with investors who seek competitive investment results while promoting positive change and supporting companies that are leaders in improving long-term shareholder value and societal outcomes.”
