Share on LinkedInShare on LinkedIn

ARTICLE · 05 JULY 2021

IOSCO Recommends Sustainability-Related Practices In Asset Management

Hogan Lovells Cadwalader
Hogan Lovells Cadwalader
Contributor
Hogan Lovells Cadwalader

Hogan Lovells Cadwalader

Hogan Lovells Cadwalader is a global law firm trusted by clients to deliver on complex, high-stakes...

View firm profile
Explore more from Hogan Lovells Cadwalader

IOSCO requested feedback on proposed recommendations for sustainability-related asset management practices.

United StatesWealth Management

IOSCO requested feedback on proposed recommendations for sustainability-related asset management practices. In the consultation report, IOSCO recommended that securities regulators:

  • set regulatory and supervisory expectations for asset managers as to sustainability-related practices and related disclosures;
  • improve product-level disclosure by expanding on existing regulatory requirements or creating new ones;
  • have supervisory and enforcement tools to ensure compliance by asset managers and to address breaches;
  • encourage the development of common sustainable finance-related terms and definitions; and
  • promote sustainability-related investor education initiatives.

Additionally, in a final report on corporate issuers' sustainability-related disclosures, IOSCO outlined its Sustainable Finance Task Force's next steps. Among them are:

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

See more popular content from