Aggregated News From Investment Management Regulators

CMF signs Green Financial Sector Agreement

Report/Flag

Please complete the required fields.



December 18, 2019.- The Financial Market Commission (FMC) today signed the Financial Sector Green Paper. This is an initiative led by the Ministry of Finance that voluntarily brings together public and private representatives with the aim of contributing to financial stability and the achievement of the country’s climate objectives.

The ceremony was chaired by Finance Minister Ignacio Briones and included the participation of CMF President Joaquín Cortez, Central Bank President Mario Marcel, Pensions Superintendent Osvaldo Macías, Banco Estado President Arturo Tagle and IDB representative in Chile Yolanda Martínez.

Joaquín Cortez emphasized that “with almost 73% of Chile’s financial assets under our supervision, the signing of this agreement is in line with our formal commitment to move forward in making the actors in the markets we regulate more explicit in providing information about their management in all matters relating to environmental, social and corporate governance policies”.

He added that in this context “we have put in consultation modifications to the rule that regulates the information contained in the annual report of Social Responsibility and Sustainable Development”. He said that CMF “will ask for precise information, for example, on the relationship of entities with their suppliers; indicators that account for initiatives, investments and goals related to the consumption of renewable energies; and indices of diversity, rights, safety and benefits for workers”.

CMF President concluded stating: “this is an advance that will bring us in line with what has been done by regulators in developed markets”.

Source link

Regulator Information

Recent Articles

Taxonomy Article 8: The AMF informs issuers about the phased application of reporting requirements

Companies subject to the new reporting obligations The requirement to deliver sustainability indicators under Article 8 of the Taxonomy Regulation will apply, as of 01/01/2022, to companies subject t

IIROC Re-elects five Board Directors

View the Press Release from the Investment Industry Regulatory Organization of Canada (IIROC CA) here: Source link

DLG Bonds / Direct Line Group PLC (Clone of FCA authorised firms and UK registered companies)

Fraudsters are using the details of firms we authorise to try to convince people that they work for a genuine, authorised firm. Find out...

Certification Examination Results for August 2021

See the Details published by the Cyprus Securities and Exchange Commission (CySEC CY) here: Source link

Get the latest from Regulatory.News in your inbox!

×