Michael Hurley

Articles by Michael Hurley

  • ESMA calls for evidence ahead of ESG ratings regulation

    04 February 2022

    The EU's securities markets regulator has asked for evidence on ESG ratings providers, as it considers rules to govern the booming market.

  • EU Platform wants 'clarity' on its role as it presses ahead with social taxonomy

    03 February 2022

    The chair of the Platform on Sustainable Finance has called for "clarity" on how the European Commission considers the expert group's advice, as controversy swirls around the Commission's inclusion of nuclear and gas in its latest proposals.

  • Commission stands firm on nuclear, gas in 'imperfect' taxonomy

    02 February 2022

    The European Commission has confirmed plans to define nuclear and natural gas energy generation activities as 'sustainable' in its taxonomy, in a plan it suggested is "imperfect" but practical - in the face of fierce criticism by specialist sustainability investors.

  • Regulator sees challenges in EU green bond proposal

    01 February 2022

    The regulator set to be asked to oversee external reviewers of green bond frameworks for the EU Green Bond Standard has identified "possible challenges" with the draft rules, including the timeline for introducing the measures and allowing non-EU reviewers to become accredited.

  • EFRAG calls for sustainability reporting group applications

    28 January 2022

    A call for applications has been launched for members of a group to help draw up European corporate sustainability reporting standards.

  • EQT adds ex-Temasek CEO to impact advisory board

    28 January 2022

    Private equity investor EQT has appointed three members of an advisory board to help direct the investment strategy of its €4 billion ($4.5 billion) impact fund.

  • M&G acquires responsAbility to help target emerging market impact

    27 January 2022

    M&G is set to acquire Switzerland-based impact specialist responsAbility in a deal the UK investment manager said would bolster its impact product offering in emerging markets.

  • ECB launches climate stress test with 'indirect impact on capital requirements'

    27 January 2022

    The results of a 2022 climate stress test of Europe's banks could indirectly impact capital requirements, the European Central Bank (ECB) has said, as it formally launched the exercise.

  • Malaysian central bank sets climate disclosure, stress test as top priorities

    26 January 2022

    The central bank of Malaysia has identified climate risk among its top five priorities for its work to 2026, with plans for mandatory climate-related disclosures, a climate stress test and a pledge to consider 'adjustments' to capital requirements to factor in climate risks.

  • India readies regulation of ESG ratings providers

    25 January 2022

    India's securities markets regulator has set out plans to regulate sustainability ratings and research providers, in a consultation paper on the topic.