Sustainable Finance

Sustainable Finance Initiative – MiFID II suitability requirements – feedback requested

EU proposals to include ESG as part of investment and advice processes. On 24 May 2018 the EU published draft recommendations proposing the inclusion of ESG within the obligatory advice process as part of their ongoing work supporting the growth of Sustainable Finance. Their draft text is open for feedback until 21 June. You can access what they have published via […]

EU proposes action to support sustainable finance

Yesterday was a big day for those of us who care about how investment and financial services impact the world we live in. The following is a direct ‘cut and paste’ version of a press released issued by the European Commission, complete with links. The potential implications of this are very significant for all in […]

Green Finance Taskforce report

The Green Finance Taskforce published a highly significant (100 page) report on 28 March 2018. The report, which aims to help accelerate ‘green finance’ in the UK ,  can be downloaded here. The government landing page introduces the report as follows: “In September 2017, the government asked leading finance expert and former Mayor of London Sir Roger Gifford to chair […]

EU Announces Sustainable Finance Action Plan

On 8 March 2018 the EU published its response to the Sustainable Finance HLEG (High Level Expert Group) report issued in January.  Go to the new EU Sustainable Finance information here. The report is accompanied by an action plan and an event which will be live streamed on 22 March. I am yet to digest the report, however […]