In 2022, the financial sector and investors faced several challenges even as the fossil fuel and defence sectors recorded excellent results. Despite this, ESG investments* remain a key factor in achieving sustainable development goals.

"Training is the prerequisite for action", reads an open letter to French President Emmanuel Macron sent by 17 prominent civil society figures including climate and energy expert Jean-Marc Jancovici. An open letter demanding that members of the French government be educated on the climate issue.

It is becoming clear that ESG is not sufficient to assess the true impact of companies. However, it is possible to go beyond the ESG model, thanks to the larger volume of data collected within the framework of impact analysis.

The implementation of SRD2 resulted in the replacement of the former shareholder identification process (known as “TPI”) by the “SRD2” process at the end of 2021 with a national regulatory framework that broadens the scope of eligible instruments. However, this enlargement could come up against other national provisions in some countries, such as bank secrecy.

Continuing the implementation of its Capital Markets Union, the European Commission in 2021 proposed a new set of measures aimed at improving “the ability of companies to raise capital across the EU and ensure that Europeans get the best deals for their savings and investments”*. In addition to the amendment of existing texts, the principle of a single access...

6 months after being validated by the ECON* committee of the European Parliament, MICA**, the long-awaited text on the regulation of new digital assets (crypto-currencies, utility tokens, stable coins, etc.) has finally been adopted on April 20, 2023 in plenary session of Parliament.

Article 19 of Delegated Regulation 2018/1229 had entrusted CCPs* with the task of collecting (and redistributing) from their clearing members the penalties calculated by CSDs**. This specific process - dedicated to settlements directly against a CCP - diverged from the standard mode in which the CSD is responsible for the entire process (calculation,...

After the fight against climate change, finance discovers a new and significant challenge in preserving biodiversity.

ESG assets are a real challenge for investors around the world. Karim El Hnot, Deputy Head of Investment Banking at Societe Generale Morocco, in charge of Asset Management and Omar Senhaji, Head of Societe Generale Securities Services (SGSS) Maroc tell us more about the place it occupies in Morocco.

Amundi, a major player in European asset management, is also a pioneer in responsible impact investment. Laurence Laplane-Rigal, Head of impact investing at Amundi, tells us more about this ambition.

Sustainable investing has become common practice, however there is not one route to the final portfolio. Asset owners need to navigate not only regulatory requirements and internal KPIs*, but the breadth and depth of data, data providers and diverse approaches by asset managers. Institutional investors must identify those asset managers who master the data...

In this article, we consider how asset managers can help their clients meet their responsible investment requirements, by exploring a selection of the key challenges and considerations in this area.

The decision by the CCP* ICE Clear Europe (ICEU) to stop clearing Credit Default Swaps (CDS) at the end of October 2023 will result in the transfer of positions held by clients to another CCP. In concrete terms, these will be closed in ICEU and reopened in the new environment.

The AMF* published on 23 March 2023, an overview of SFDR** classifications introduced by the SFDR regulation on the French fund market. This assessment covers 10,600 French collective investment schemes, representing assets under management of more than €1.9 trillion at end-2021. As this assessment is based on data at end-2021, it does not take into account...

The views expressed and arguments employed herein are solely those of the author and do not necessarily reflect the views of the OECD or its member countries.