Market participants have welcomed the European Commission’s new sustainable finance strategy and green bond proposal for closing gaps from the original plan in 2018.
Commissioner Mairead McGuinness said in a press conference that there are four pillars to the strategy – transition, inclusiveness, resilience and the global perspective.
“We want more support for the intermediate steps,” McGuinness added. “For example, we are considering an intermediate taxonomy to complement the existing green taxonomy – and this would allow us to develop transition bonds.” Read more….
LATEST NEWS
European Markets Choice Awards 2021 – The WINNERS
We are delighted to announce the winners of the inaugural European Markets Choice Awards.
Digital Asset Trading Venues on the Rise
Momentum behind blockchain in public and private capital markets is accelerating.
MarketAxess Reviews Applying All-To-All To Rates
MarketAxess has combined credit and rates trading capabilities into a single workstation.
Whitepaper: Accelerating ESG in Asset Management: Easing Barriers to Entry
Linedata helps clients with ESG data selection and integration.
More Sterling Interest Rate Risk Exchanged In Sonia Futures
Open interest in Sonia futures and options has reached a record.
FROM THE MARKETS
Net Zero Asset Managers Grows to 128 Investors
Investors will work with clients to reach net zero emissions alignment across their portfolios by…
LSE Has First Direct Listing of Tech Company
Wise, the global technology company building a better way to move money around the world, began…
Banks Create Voluntary Carbon Marketplace
NatWest Group, CIBC, ITAU and NAB will launch Project Carbon.
FSB Chair Presents Roadmap to Address Climate Risks
The plan covers disclosures, data, vulnerabilities analysis, and regulatory and supervisory…
ISDA Recommends Aligning Clearing and Trading Obligations
A briefing paper supports alignment of the clearing obligation under the EMIR and MiFID II.