Evolving Asset Management Regulation

Ongoing concerns about stability in the capital markets, with threats from Covid-19 to climate change, are causing regulators across the globe to reassess risks and redefine what resilience looks like. So much is changing that some regulators across the world are even having to restructure themselves in order to adequately address new risks and opportunities. 

Good governance, digital capability, climate change, hybrid working models and changing investor demands are just some of the major topics that are impacting the asset management industry today.

Sustainable finance is particularly high on the agenda for many countries and New Zealand should take note and learn where we can. Few, if any, financial institutions in New Zealand are currently doing what is needed and the deadine for new reporting, per the Financial Sector (Climate-related Disclosures and Other Matters) Amendment Bill, is not far away.