Tag

Funds

Browsing

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 a letter dated 18 August 2020 to the European Commission, ESMA sets out its recommendations for changes that could be made to the Alternative Investment Fund Managers Directive (AIFMD) framework as part of the Commission’s review of the AIFMD. ESMA recommends changes in 19 areas including harmonising the AIFMD and UCITS regimes; delegation and substance; liquidity management tools; leverage; the AIFMD reporting regime and data use; and the harmonisation of supervision of cross-border entities. Many of ESMA’s recommendations would also require consideration of changes to the UCITS regulatory framework.