One of the most emotive pieces of UK legislation, regardless of its actual effect, is the 1998 Human Rights Act. The Blair-era law allowed for the European Convention on Human Rights, to which the UK
It must be a first: a US Treasury Secretary announcing that “there’s a good argument that, right now, the best place to hide and launder ill-gotten gains is actually the United States”. Janet Yellen’s remark
Market regulators set out a global framework on Tuesday to police environment, social, and governance (ESG) investment ratings and help combat ‘greenwashing’ in the fast-growing, multi-trillion dollar sector. Regulators are cracking down on many aspects
China’s carbon emissions fell in the third quarter for the first time since its economic recovery from the coronavirus began, new research shows, partly as a result of a clampdown on property development and widespread
Passive funds will struggle to achieve net zero carbon emissions across their portfolios, according to the chief executive of one of Japan’s largest asset managers. Akira Sugano, president and CEO of Asset Management One, said
Apple is fighting to prevent shareholder votes calling for more transparency about the use of forced labour in its supply chain and about how it decides which apps to delete from its App Store. The
Prosecutors charged the former FIFA and UEFA presidents with fraud surrounding the 2011 payment of 2 million Swiss Francs to Platini. Through years of investigations by Swiss and American authorities into corruption at the highest
More than 100 world leaders have promised to end and reverse deforestation by 2030, in the COP26 climate summit’s first major deal. Brazil – where stretches of the Amazon rainforest have been cut down –
Credit Suisse Group AG agreed to pay almost $475 million to resolve multiple investigations into its role in a fundraising scandal that saw hundreds of millions looted from Mozambique and tipped the country into an
Sweden’s financial regulator has slammed Danske Bank for failing to overcome controls failures following one of the world’s biggest money laundering scandals. The Financial Supervisory Authority said on Wednesday that Danske had “shortcomings” in its
The commodity rally may be the talk of Wall Street, but old-school energy producers are still lagging the oil price big time — a tell-tale sign the era of green investing is in full swing.
The UN Working Group on Business and Human Rights criticised Italian authorities for actions that “tarnish the reputation of Italy in the field of business and human rights and should be immediately addressed to protect the
