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

SEC Charges Crypto Entrepreneur Justin Sun and his Companies for Fraud and Other Securities Law Violations

Eight celebrities also charged for illegal touting of Sun’s crypto asset securities The Securities and Exchange Commission today announced charges against crypto asset entrepreneur Justin Sun and t

SEC Proposes to Modernize the Submission of Certain Forms, Filings, and Materials Under the Securities Exchange Act of 1934

The Securities and Exchange Commission today proposed amendments designed to modernize its information collection and analysis methods by, among other things, proposing that a number of filings be su

SEC.gov | Statement on Electronic Filing

Today, the Commission is considering a proposal under the Exchange Act to require broker-dealers and other registrants to submit forms electronically.

ASIC suspends AFS licence of Cartesian Corporate Finance Limited

ASIC has suspended the Australian financial services (AFS) licence of Cartesian Corporate Finance Limited (Cartesian) until 25 August 2023. The licence authorises Cartesian to deal...

Completion of Recovery Certificate No. 6075 of 2022 issued against Mr. Yash Paul Jindal [Defaulter] PAN: ACDPJ8198B in the matter of GDR Issue by...

This news item was originally published by the Securities and Exchange Board of India (SEBI IN). See the article here: Read more

Get the latest from Regulatory.News in your inbox!

×