ESG
Big Opportunities and Risks
EUs initiatives to promote ESG activities promise to upend many European industries. The financial sector will not escape
Wherever this activity takes place via regulated structures such as investment funds or banks, the sector will have to dramatically increase the transparency about the activities, making it possible for investors to understand how their money helps the goal of the ESG transformation.
The EU Taxonomy is a classification system, establishing a list of environmentally sustainable economic activities. It could play an important role help the EU scale up sustainable investment and implement the European green deal.
The EU taxonomy would provide companies, investors and policymakers with appropriate definitions for which economic activities can be considered environmentally sustainable.
New requirements mean that the entire value chain must be rewritten, from the portfolio management, via the product management to the marketing and pre-contractual documents presented to the investors
A big part of the ESG responsability rest on the Investment Oversight Officer. It is imperative to have a uniform description of all investment processes. It is not just required by regulation. It is also an essential part of the operational risk management of the Fund Manager. A key point for the Risk Manager as part of CSSF regulation.
Origo helps you bridge the ESG knowledge gap of little no relevant hard data and therefore very little industry experience.
An invisible portfolio risk
An invisible portfolio risk To most market participants, financial risk is like talks about the climate crisis, its only “real” when the sea level reaches your living room. Macroeconomic risk is...
Compliant with new investment oversight?
So, is your IFM in compliance with the investment oversight requirements? Are you really really sure? The financial authority have placed still more responsibility on the Luxembourg investment fund...
Benchmarks? Do we need them?
New benchmark recommendations from ESMA aim to correct the way funds are using benchmarks. Since the introduction of the Benchmark Directive in 2018, many funds have effectively removed relevant...