Jens Peers : « Aux États-Unis, la réglementation ESG est a priori suspecte »
Le Belge Jens Peers gère depuis une dizaine d’années le fonds américain d’actions mondiales durables Mirova Global Sustainable Equity Fund. En tant qu’Européen, il dispose d’une perspective unique sur les différences culturelles en matière d’investissement durable aux États-Unis et ailleurs.
The fund valuation paradigm is shifting, pushed by regulation
Amidst heightened regulatory scrutiny, Luxembourg’s private investment fund landscape experiences a transformative shift in valuation paradigms, a panel discussion on Wednesday made clear.
ABBL: Ditching EU depositary passport idea ‘victory for reason’
Brussels has opted to abandon the proposed establishment of a ‘European passport’ for depositary banks. While initially touted as an innovative concept, the idea was fraught with potential market challenges and risked undermining the work of supervisors. The alternative approach that has been adopted now is being hailed as a success by Luxembourg banking association ABBL.
La SEC s'écartera probablement des règles européennes en matière de reporting sur le climat
La Securities and Exchange Commission (SEC) est sur le point de supprimer l’obligation de reporting du Scope 3. Ce faisant, le gendarme de la Bourse américaine creuserait un fossé entre la législation américaine et les nouvelles règles européennes instaurées par la Corporate Sustainability Reporting Directive (CSRD) qui entreront en vigueur l’année prochaine.
CSSF: crypto funds are for well-informed investors, not for retail
Le régulateur financier luxembourgeois CSSF a mis à jour ses conseils pour le paysage des investissements crypto, précisant que seuls les ‹investisseurs bien informés› au sein des fonds d’investissement alternatifs peuvent s’aventurer dans le domaine des actifs virtuels.
SEC likely to deviate from European climate reporting rules
The Securities and Exchange Commission (SEC) is about to scrap the requirement for Scope-3 reporting. In doing so, the US stock market watchdog is driving a wedge between US legislation and the new European rules from the Corporate Sustainability Reporting Directive (CSRD) that will apply from next year.
Le Conseil européen bloque la CSDDD
Le Conseil européen a bloqué la nouvelle directive européenne imposant la responsabilité sociale des entreprises aux grandes entreprises. La semaine dernière, l’Allemagne, l’Italie et la France ont retiré leur soutien à la proposition qu’elles avaient pourtant approuvée en décembre.
European Council blocks corporate responsibility directive
The new European directive mandating corporate social responsibility for large companies has been blocked by the European Council as yet. Germany, Italy and France last week withdrew their support for the proposal they had agreed to as recently as December.
Luxembourg closer to easing tax burden on active ETFs
Luxembourg’s lawmakers are making strides in proposals aimed at alleviating the tax burden on actively managed Exchange Traded Funds (ETFs), aligning their fiscal treatment with that of standard passive ETFs.
‘Luxembourg banks nonchalant on crucial cyber compliance’
Luxembourg’s financial sector grapples with a stark wake-up call as concerns mount over its nonchalant stance towards impending cyber regulations outlined in the Dora Act; a prominent politician’s apprehensions highlight critical questions surrounding banks› preparedness and the looming specter of potential sanctions.