IOSCO Good Practices: A call to action
FOR ASSET MANAGERS AND ESG VENDORS
On 8th November 2022, the International Organization of Securities Commissions (IOSCO) released a call for action relating to good sustainable finance practices. The aim is to engage with industry associations and voluntary standard setting bodies to help prevent greenwashing by implementing good practices amongst asset managers, ESG rating agencies and data providers.
The IOSCO Good Sustainable Finance Practices (IOSCO Good Practices) are aimed at both asset managers and ESG solutions providers, split into two distinct sections. As with other recommendations, they are both voluntary and should not conflict with national or regional legal and regulatory frameworks. IOSCO provides 5 Good Practices for asset managers and 7 for ESG Rating and Data Providers.
In the link below, is our client briefing on the IOSCO Good Practices with our view on application. For further information, please get in touch with your relationship contact.
For more information, please click below