Lois et réglementation

A lack of reliable Environmental, Social, and Governance (ESG) data is significantly hindering the implementation of the European Union’s sustainable finance regulations, according to a survey by the CFA Institute.

At the recent AFME European Sustainable Finance Conference in Amsterdam, Investment Officer spoke to both Helena Viňes Fiestas, chair of the EU Platform on Sustainable Finance, and Raoul Köhler, Sustainable Finance Coordinator at the AFM.

Investors in European ESG funds could be in for a rude awakening as new guidelines from the European Securities and Markets Authority (Esma) threaten to upend the industry, according to Morningstar.

Transcript of the interview with Esma Chair Verena Ross.

Unlike in the United States and Australia, greenwashing in Europe’s financial sector remains largely unpunished, even though existing legislation allows national regulators to take action against firms that mislead investors.

The European Securities and Markets Authority (Esma) issued a warning on Thursday, advising the financial sector to exercise caution in the use of artificial intelligence (AI) in investment services.

While AI promises to revolutionise the retail investment sector with enhanced efficiency and innovation, Esma highlights the significant risks associated with its adoption, urging for responsible innovation and investor protection.

Artificial intelligence (AI) is reshaping the financial landscape with promises of efficiency, innovation, and superior decision-making capabilities. However, as the European Securities and Markets Authority (Esma) warned this week, the integration of AI in investment services comes with significant risks. Like a double-edged sword, AI›s greatest strengths can become its most dangerous liabilities if not handled with care.

Banks and asset managers continue to make misleading sustainability claims, according to the European Securities and Markets Authority, Esma. Following an investigation into the compliance of marketing communications with MiFID II rules, Esma found that financial products and services are often presented as green without substantiating the sustainability claims.

Une enquête sur l’écoblanchiment menée par les régulateurs nationaux de 27 pays européens analysée par l’Autorité européenne des marchés financiers (AEMF) montre que les banques et autres entreprises financières continuent de faire des déclarations trompeuses en matière de durabilité.

ING Luxembourg has decided to eject thousands of mass retail clients in the grand duchy as part of a strategic transformation in which it plans to boost its focus on more profitable private banking services.