Financial sector looks set to dodge new CSDDD rules
Despite a call by the ECB, European financial institutions do not seem to be immediately covered by the new corporate responsibility directive. A majority of member states reportedly do not want to decide on this until after the directive comes into force for non-financial companies.
‘Reward your customer for active cooperation in KYC’
Banks are making some progress when it comes to KYC processes by bridging regulatory expectations and client cooperation challenges.
Dutch pension funds grapple with high private equity fees
Dutch pension funds are striving to address concerns about the high performance fees they pay to private equity funds by increasing accountability and explaining the dilemmas and choices surrounding these investments.
Will EU exempt finance from its corporate conscience?
European authorities are speeding up negotiations on the final text of the so-called Corporate Sustainability Due Diligence Directive (CSDDD, also known as the CS3D). Before the end of this year, the European Commission, the European Parliament and the European Council want to reach an agreement on it.
Pension policy pause: Dutch funds keep managers waiting
Amidst the ongoing transition to a new pension system in the Netherlands, Dutch pension fund managers are finding little bandwidth these days to explore fresh investment ideas for the coming year. Against this backdrop, asset managers face hurdles in gaining their attention, with only essential risk management being the focal point for many.
Despite real estate draw, athletes urged to diversify
Real estate dominates the investment portfolios of top athletes, especially footballers, but experts caution on the risks and stress diversification.
Private credit’s test: Rising defaults as banks compete
Once a rising star among investment options, private credit now faces headwinds as defaults increase and traditional banks re-enter the fray as competitors.