IOSCO issued recommendations for regulators to improve ESG guidance, disclosures and standards, and for asset managers and ESG information providers to prevent greenwashing.
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IOSCO finalized recommendations for sustainability-related asset management practices.
In its biennial report on examinations of state-registered investment advisers, the North American Securities Administrators Association highlighted that most investment advisers lack policies and procedures regarding the financial exploitation of seniors or other vulnerable investors.
IOSCO is seeking feedback on proposed recommendations concerning environmental, social and governance ratings and data providers.
At the Venice International Conference on Climate Change, Financial Stability Board Chair Randal K. Quarles described "foundational components" for climate-related financial risk disclosure. Separately, Secretary of the Treasury Janet L. Yellen called for consistency across climate change reporting frameworks.