The UK’s financial overseer has urged firms to review their use of data to improve their diversity and inclusion performance. Sheldon Mills, the Financial Conduct Authority’s (FCA) executive director for consumers and competition said firms are focusing too closely on gender and diversity, rather than socio-economic data. The call follows the FCA’s announcement that it would form a code of conduct for ESG ratings firms.
Volumes of investment in ESG products continue to rise, regulators around the world are putting rules in place, and the EU has, perhaps, first mover advantage with both ESG regulation and a taxonomy in place. This is significant progress in a relatively uncharted market, yet significant challenges remain for financial market participants keen to make...
E, S and G is generally regarded in aggregation, but data products and services usually measure each individually. S&P Global Sustainable1 business, however, believes the geolocated company and climate data combined in its new physical risks metrics are providing a means of measuring the conjunction of the first two of ESG’s pillars. The global rating...
Now in its 12th year, the Data Management Summit (DMS) in London brings together the European capital markets enterprise data management community, to explore the evolution of data strategy and how to leverage data to drive compliance and business insight.
Corporate actions has been a popular topic of discussion over the last few months, with the DTCC’s plans for XBRL and ISO interoperability, as well as the launch of Swift’s new self-testing service for corporate actions messaging, STaQS, among others. However, it has not been a good start to the year for many of the...