As the world spins forward into 2024, asset managers are finding an ever-evolving regulatory framework embroiling them in a fresh dynamic. Central to their modern preoccupations are environmental, social, and governance (ESG) factors – an introspection triggered by increased demand from both institutional and retail investors. As investment strategies and vehicles destabilize, these ESG considerations and attendant disclosures are treading onto previously unexplored territories. As reported, the discord on a global scale between these progressive frameworks is also gaining momentum.
While the European Union has marched ahead to institute rigorous requirements for asset managers handling EU funds – an unprecedented step towards concreteness – the regulatory authorities in the United States remain perched on the idyll of future implementations.
This dissonance ushers in a need for legal professionals to stay updated and understand the emergent regulatory framework that applies to investment funds and investment advisers. To this end, ‘ESG Considerations for Asset Managers – The Emerging Regulatory Framework Applying to Investment Funds and Investment Advisers’, a webinar hosted by the Practising Law Institute (PLI), will open its doors on the 9th of January. The session will span from 1:00 pm to 4:00 pm EST.
The webinar seeks to shed light on this complex regulatory landscape, fostering a deeper understanding for law professionals worldwide. The session will not only address the evolving demands of the asset management industry but also highlight the divergent regulatory progressions worldwide.
This crucial initiative stands testament to the escalating role of ESG factors, pulling the reins towards a more responsive and accountable asset management industry in the near future.