Report Provides Global Perspective on ESG Regulations
A report from law firm Latham & Watkins provides a snapshot of the global regulatory landscape in the context of ESG-related disclosures and includes summaries on Singapore, Europe, Hong Kong, the UK and Germany. The report observes that the EU has been a first mover in taking a more expansive and prescriptive approach to ESG disclosures but that the US and Asia are also moving on ESG-related disclosure requirements. The report notes that asset managers with a global footprint face a range of emerging regimes and requirements and while “the overarching aim is to have consistent, comparable standards so that investors can readily compare offerings, what is emerging is much more of a piecemeal approach.”