Regulation and Compliance - Articles & White Papers
Reports and white papers on investment regulation and compliance issues. Amongst the research in this investment compliance and regulation section are white papers on AIFMD (Alternative Investment Fund Managers Directive) and Solvency II - particularly the practical implications for fund managers and insurers. Reports discussing the impact of regulation on fund management...
companies, and the operational challenges this presents, have been particularly well received, whilst regulatory primers (for instance providing an overview of who regulates whom and how) have also been well read. Other surveys and articles cover financial regulatory policy, hedge funds regulation, investment regulation, risk management, IFRS financial statements, GIPS performance reporting and the future of investment compliance for asset owners.
This first report was accomplished with the desire to clarify the events that were unfolding globally as a result of the health measures put in place to address the epidemic. CFA Institute already had declared that the 2020 crisis was an unprecedented event compared with previous historical crises. It has forced policy…
Asia-Pacific emerging and frontier markets continue to evolve rapidly. With insights from authors based in 11 local markets, this publication offers insights about regulatory developments, market structure, and financial history in the region.
Some companies have long sought to mislead the public about their commitments to sustainability, but greenwashing has become more widespread and sophisticated in recent years. Now regulators and investors are fighting back.
In the last few decades, as disclosure requirements for publicly traded firms have increased, annual reports and regulatory filings have become heftier. Some of this surge can be attributed to companies becoming more complex and geographically diversified, but much of it can be traced to increased disclosure requirements…
The National Association of Insurance Commissioners (NAIC) regularly updates its regulations. In 2020, the NAIC proposed a more granular set of designations for bonds. When released, the proposed RBC factors will vary for Life and non-Life insurers due to the different statutory and tax accounting treatments. Separate NAIC…
Sustainability will make further inroads into investment portfolios, according to a new global survey of asset managers, who also view indices as key enablers of this trend and of the integration of environmental, social and governance (ESG) data.Overall, the 300 European and U.S. investors consulted in the Index Industry…
Regulatory authorities around the world are targeting the big U.S. tech giants. However, while investors need to keep a watchful eye on developments, Big Tech’s stranglehold and influence on numerous economic sectors will be hard to loosen.
The EU Green Deal is a transformational project, not only for our environment but also for our economy. The race to net zero offers a once-in-a-generation opportunity for Europe to become a leader in the Green Industrial Revolution that is underway globally and to cement its global leadership in sustainable finance.
The new regulation is driving significant change in sustainable investing. In Qontigo's recent video, Manuela Sperandeo, BlackRock’s Head of Sustainable Indexing for EMEA, and Rodolphe Bocquet, Qontigo’s Global Head of Sustainable Investment, discuss the current landscape for sustainable investing and the impact of…
As part of the 2021 Alternative Investments conference, a diverse and highly experienced panel from the Real Estate & Private Markets (REPM) business provided a cross-asset view on how ESG is changing the game for real assets investors.
How are companies that employ strategies such as profit-shifting exposing themselves to growing reputational and regulatory risks with the potential to directly impact their profitability? With corporate taxation and tax transparency currently high on the policy agenda globally, investors are increasingly focused on the…
A landmark legal ruling in The Hague has ordered Royal Dutch Shell to move faster to bring its emissions in line with the Paris Agreement on climate. Thomas Tayler, a trained lawyer and senior manager at Aviva Investors’ Sustainable Finance Centre for Excellence, assesses the fallout.
It’s never a dull moment in the asset management industry. Innovation, market swings, increasing regulatory pressure, the rotation from growth to value and, of course, the growing importance of climate investing solutions, are among the pressing themes in the industry. Each change and challenge offers opportunity to excel.…
A credible set of sustainability reporting standards need to be science-based, incorporate double materiality, and go beyond simply climate-related financial risks to broader sustainability issues.
Andre Naylor, Head of ASEAN and Public Policy, recently joined investment specialist Alex Proimos for an episode of Investment Magazine's Market Narratives podcast. Listen to the conversation on the impact of the Basel III changes on gold, global investment trends, the role of gold as a strategic asset and gold's…
Investors require better ESG disclosure in the high yield market and the leveraged loan market in particular. A standardised framework can help guide disclosures. PGIM Fixed Income believes that all companies – public or private – should disclose at least a basic level of ESG information. Private companies are generally…
Regulators play a huge role in the pensions industry, so understanding who they are and how they work is an important factor in the outcomes for plan sponsors and plan participants. In this episode PGIM speaks with two former Department of Labor EBSA directors, Brad Campbell and Phyllis Borzi, about the challenges and…
Two years after work first began on the Solvency II Review, the suspense is building in anticipation of what the European Commission will propose this autumn. A key input to the European Commission’s thinking will be the advice from EIOPA, which was delivered in December 2020.
In anticipation of new and revised European Union regulations, NN IP's strategy team has initiated coverage of European carbon dioxide emission permits with an overweight. In this piece, they explain how EU allowances (EUAs) fit into the global fight against climate change, and discuss some of the crucial drivers of…
Commodity prices are up 23% in the first half of this year. The surge in commodity prices is stoking concerns of higher inflation being passed onto the consumer in China, the world’s largest commodity consumer. This was evident after China’s producer price index, which is strongly correlated with commodities prices, surged 9…
