A Panacea for Sustainable Investing? How AI Can Help Funds Solve the ESG Data Challenge is a new infographic created by Euromoney Thought Leadership Consulting and commissioned by Baker McKenzie, outlining how artificial intelligence presents opportunities, challenges, and other issues for Financial Sponsors, specifically around ESG data. The infographic takes a closer look at how AI is being used for different business functions – covering both strategic and regulatory ESG considerations.
In common with other sectors of the economy, there is increasing commercial and competitive pressure from investors and those in positions of stewardship to favor green and sustainable investment. FIs also need to adopt high standards of transparency in the process. Read the key takeaways of the new installment of Finding Balance – Sustainability in Financial Institutions.
In this new episode of FInsight: Global Financial Institutions Industry Podcast, Karen Man and Jennifer Klass, financial regulatory partners in Hong Kong and New York respectively, talk about the survey and and share perspectives on what clients are experiencing in the market. They also give situational examples in light of the continuing push for digitalization and sustainability, including relevant action items for senior executives.
On May 6, 2021, SEC Chair Gary Gensler participated in his first Congressional hearing, before the House Committee on Financial Services, joined by Robert Cook, President and CEO of FINRA and Michael C. Bodson, the CEO of The Depository Trust & Clearing Corporation. This was the third hearing for the House Financial Services Committee on issues related to the January 2021 market events associated with trading in GameStop; however, Committee members did not limit themselves to the topic at hand.
The U.S. Securities and Exchange Commission’s Division of Examinations (Exams) recently issued a Risk Alert discussing observations from recent examinations on how investment advisers, registered investment companies, and hedge funds approach environmental, social, and governance (ESG) investing.
SEC Acting Chair Allison Herren Lee’s comments highlighted the SEC’s various work streams and areas of focus, while also looking ahead to what still needs to be accomplished.