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Showing 31 - 40 of 146 results for %22Governance Assessment%22

SEC proposes new disclosure for ESG funds

RACHEL ALEMBAKIS  |  THURSDAY, 26 MAY 2022
... company includes Scope 3 targets as part of a broader climate goal. The proposed rules cover disclosure of companies' governance of climate-related risks and relevant risk management processes, the material impact of any climate-related risks over ...

NAB evades AUSTRAC fine for non-compliance

ANDREW MCKEAN  |  MONDAY, 2 MAY 2022
... will relate to applicable customer identification procedures, customer risk assessments, transaction monitoring, and governance and assurance. In a statement, AUSTRAC has said it will monitor NAB's progress to ensure that actions are taken within set ...

MSCI downgrades Russia's ESG rating

JAMIE WILLIAMSON  |  WEDNESDAY, 2 MAR 2022
... sustainability and competitiveness of its economy, ranging from AAA to CCC. MSCI's ratings methodology applies a 50% weight for governance, 25% for social, and 25% for environmental. MSCI said it believes there is still significant downside risk to Russia's ...

APRA tells Christian Super to merge

JAMIE WILLIAMSON  |  TUESDAY, 7 DEC 2021
... and must report to APRA if it fails to do so. The directive follows an investigation into the fund's investment governance and strategic decision-making, APRA said. The conditions are also imposed to address the fund's persistent underperformance ...

ESG investing 2.0 emerges

KARREN VERGARA  |  THURSDAY, 7 OCT 2021
The second iteration of environmental, social and governance investing will require a stronger level of authenticity, accountability and focus on tangible outcomes, according to sustainability experts. A significant shift is taking place in the world ...

APRA proposes further unlisted valuation rules

KARREN VERGARA  |  WEDNESDAY, 29 SEP 2021
... 16 February 2022. The prudential regulator seeks to make several changes to Prudential Standard SPS 530 Investment Governance under the initiative. One new measure is to develop and maintain a comprehensive investment stress testing program, and that ...

APRA intensifies scrutiny of underperformers

KARREN VERGARA  |  FRIDAY, 10 SEP 2021
... correctly recategorise data. "[We] considered every [resubmission] that came in and tested them and made sure that the governance around resubmissions was correct and that the boards had considered the requirement or the request for a resubmission," ...

Data to improve TPD outcomes: ASIC

ANNABELLE DICKSON  |  MONDAY, 2 AUG 2021
... ASIC noted insurers need to uplift their data capability as poor data capability creates key conduct, compliance and governance risks, which can lead to financial risk. Over 100 data gaps emerged from insurers' data gap assessments, mostly relating to ...

Zenith introduces ESG classification

KARREN VERGARA  |  FRIDAY, 16 JUL 2021
... classification. The responsible investment classification aims to help financial advisers with an environmental, social and governance (ESG) focus to select funds based on this criteria. The classifications further identify which ESG strategies a fund ...

Super fund risk culture "immature": APRA

ELIZABETH MCARTHUR  |  FRIDAY, 28 MAY 2021
... potentially enables or even encourages damaging behaviour." Smith said APRA has stepped up its focus on transforming governance, culture, remuneration and accountability across its regulated entity. The regulator's primary concern, she clarified, is ...