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The Netherlands to Introduce Mandatory Human Rights Due Diligence Legislation
December 29, 2021
Following a recent trend in Europe and despite delays on the publication of human rights and environmental due diligence (HREDD) legislation at an EU level, the Netherlands announced its own plans to introduce mandatory HREDD legislation at a national level.
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EFAMA Sets New ESG Rules the U.S. and U.K. Hedge Funds Selling in EU
December 27, 2021
The European Fund and Asset Management Association (EFAMA), Europe’s main investment management association has declared that U.S. and U.K. hedge funds will need to meet a higher ESG reporting bar if they want to continue selling to clients in the EU.
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U.S. Regulator Proposes Climate Risk Guidance for Banks
December 22, 2021
The Office of the Comptroller of the Currency (OCC) has proposed draft supervisory guidance for large U.S. banks to integrate climate financial risk assessments into every aspect of their work including from how climate change affects board room governance, to the banks ability to service poorer communities.
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France Rebukes U.S. AI Company for Privacy Breaches
December 22, 2021
Clearview AI has been ordered by French data privacy watchdog CNIL to stop collecting and using data from people based in France, an accusation that the U.S. based facial recognition company denies.
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Kenan Institute: What is ESG (Environmental, Social, and Governance) Investing?
December 15, 2021
The Kenan Institute breaks down ESG (environmental, social, and governance) investing, including its potential benefits and risks as businesses continue to shift away from shareholder capitalism.