The pending rules would have addressed hot-button regulatory areas like predictive data analytics, climate reporting, and cybersecurity risk management.
Some of the world’s major banking regulators have agreed to stick to efforts aimed at understanding the risk to financial services from climate change, and vice versa, despite pressure from the US to abandon the project.
By promoting a consistent and data-driven approach to investment evaluation, ACER’s Guide will enable regulators and industry stakeholders to work collaboratively.