Legal & Regulatory News

International Organisation of Securities Commissions adopts 2022 work plan for sustainable finance

14 March 2022

On 14 March 2022, the International Organisation of Securities Commissions (IOSCO) announced the details of its 2022 sustainable finance work plan. The 2022 sustainable finance work plan strengthens IOSCO's commitment to increase transparency and reduce greenwashing within markets, and highlights the organisation's plans to:

  • review the upcoming IFRS International Sustainability Standards Board (ISSB) exposure drafts of proposed climate and general sustainability disclosure requirements, as well as the final standards when they are produced;
  • work on developing assurance standards with a focus on independent assurance of the quality of corporate reporting of sustainability information;
  • undertake an in-depth review of carbon markets; and
  • increase engagement with national regulators and market participants on the implementation of its recommendations to asset managers and ESG ratings and data providers.

Click here to access the press release.