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Future regulatory regime for ESG ratings providers

Photo: Montage/Christopher Furlong/Getty Images

Summary of the wholesale market response to introduce a binding regulatory regime for ESG ratings providers.

On June 30, 2023, the International Swaps and Derivatives Association (ISDA) and the Association for Financial Markets in Europe (AFME) (the Associations) published a Joint Associations Response (the Industry Response) to HM Treasury’s Consultation on the future regulatory regime for environmental, social and governance (ESG) ratings providers (the