| ESMA presents methodology for climate risk stress testing and analysis of the financial impact of greenwashing controversies
December 19, 2023--The European Securities and Markets Authority (ESMA), the EU's financial markets regulator and supervisor, today published two articles, one outlining an approach to modelling the impact of asset price shocks from adverse scenarios involving climate-related risks, the other exploring the use of ESG controversies for the purpose of monitoring greenwashing risk.
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| Risk article: Dynamic modelling of climate-related shocks in the fund sector The article presents a methodological approach to modelling climate-related shocks in the fund sector, which includes dynamic impacts, such as inflows and outflows from investors and portfolio rebalancing by managers. The analysis focuses on the overall direction of these effects, finding that investor outflows can worsen falls in fund values following an initial shock. |
| ASB Capital and Xtrackers by DWS launch XASB Sukuk ETF on LSE November 5, 2025-Listed on the London Stock Exchange (LSE), the newly launched ETF will democratize access to Sukuk for global investors |