February 1, 2023 – Global Investment Law Watch

Europe: Asset Managers – Are You Ready for Climate-Related Reporting Under UK TCFD?

Feb 01 2023

1 January 2023 marked the latest regulatory milestone in the UK’s phased implementation of the Task Force on Climate-related Financial Disclosures (TCFD) recommendations.

The TCFD – first set up in 2015 by the Financial Stability Board – is an international body that has issued recommendations, targeted at multiple sectors, for disclosing climate-related financial information.

Australia: Warnings to ‘Finfluencers’ Following Federal Court Action and ACCC Announcement

Feb 01 2023

By Jim Bulling and Anabelle Weinberg

Earlier this week, the Australian Competition & Consumer Commission (ACCC) announced that they will be cracking down on misleading testimonials and endorsements by social media influencers. The ACCC is reviewing a range of social media platforms including Instagram, TikTok, Snapchat, YouTube and Facebook, and Twitch.

Australia: Superannuation Trustees Urged to Improve Member Engagement

Feb 01 2023

By Jim Bulling and Anabelle Weinberg

Australian Minister for Financial Services, Stephen Jones, has urged superannuation trustees to ‘step up to the mark’ on member engagement and satisfaction following a recent report from the Australian Securities and Investments Commission (ASIC).

Archive:February 1, 2023