About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Briefs

Europe’s Insurance and Pensions Firms Back EU Ratings Regulation

Subscribe to our newsletter

European plans to regulate ESG ratings providers has won backing from the region’s pension and insurance industries.

PensionsEurope and Insurance Europe, which represent companies across the bloc, said the European Commission’s (EC) proposed Rating Regulation would “lead to a significant enhancement in the transparency of ESG ratings”.

The EC wants to bring ratings providers under the wings of its regulator to help prevent greenwashing and to ensure greater visibility in the calculations that go into each provider’s rating. Critics describe the firms’ methodologies as “black boxes” for the lack of transparency into how they are determined.

“There is an urgent need for the availability and transparency of ESG data to be improved, not only to fulfil regulatory requirements but, more importantly, to reallocate capital to sustainable assets,” the two organisations wrote in a joint statement.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Streamlining trading and investment processes with data standards and identifiers

Financial institutions are integrating not only greater volumes of data for use across their organisation but also more varieties of data. As well, that data is being applied to more use cases than ever before, especially regulatory compliance and ESG integration. Due to this increased complexity of institutions’ data needs, however, information often arrives into...

BLOG

Unfashionable ESG Risks Unearthed in RepRisk Supply Chain Report

ESG data can get under the skin of companies – sometimes literally. A European fashion retailer was accused of selling fur products despite repeated appeals and evidence highlighting the mistreatment and unethical slaughter of animals such as foxes, rabbits, and chinchillas. The incident was one of thousands included in a new RepRisk report for its...

EVENT

TradingTech Briefing New York

Our TradingTech Briefing in New York is aimed at senior-level decision makers in trading technology, electronic execution, trading architecture and offers a day packed with insight from practitioners and from innovative suppliers happy to share their experiences in dealing with the enterprise challenges facing our marketplace.

GUIDE

Institutional Digital Assets Handbook 2023

After initial hesitancy, interest in digital assets from institutional market participants has grown over the past three to four years. Early focus inevitably centred on the market opportunities presented by bitcoin and other cryptocurrencies. But this has evolved into a broad acceptance of a potentially meaningful role for digital assets in institutional markets. It’s now...