by David Schwartz J.D. CPA, Executive Director | Nov 14, 2021 | All, Commentary, Cross-Post
How Data Trusts Can Transform Securities Finance. Certain challenges in securities finance can only be met with better data and newer data models. Market regulators now coping with investor demands for ESG-compliance will have to monitor the disclosures of regulated... by David Schwartz J.D. CPA, Executive Director | Oct 13, 2021 | All, Change Overview and Rationale, Cross-Post
The U.S. Labor Department (DOL) has proposed regulations that would greatly expand how retirement and pension plans can invest in ESG strategies and clarify the scope of ERISA plans’ responsibility for proxy voting. If adopted, the DOL’s proposal, drafted...
by David Schwartz J.D. CPA, Executive Director | Oct 12, 2021 | All, Cross-Post, Disclosure Regimes
The Securities and Exchange Commission issued a proposal to expand investment company disclosures of their proxy voting activities. If adopted, the rules would enhance the information mutual funds, exchange-traded funds, and other regulated investment companies are...
by David Schwartz J.D. CPA, Executive Director | Aug 19, 2021 | All, Cross-Post
German courts and regulators have put securities lenders on notice that cross-border withholding tax (WHT) reclaim “schemes” are now “crimes.” Recent developments in Germany have cleared the way for sweeping tax audits and potential criminal...
by David Schwartz J.D. CPA, Executive Director | May 21, 2021 | All, Commentary, Cross-Post, Formal Regulatory Remedies
Environmental, social, and governance (ESG) investing has taken global financial markets by storm over the last few years. Post-pandemic, the demand for ESG investments has only intensified and has proven to be much more durable than a fad. However, lack of...
