Government aims to improve transparency at federally regulated financial institutions
Regulator alleges the company told U.S. investors how to avoid controls
But little improvement in ESG voting record disclosure, finds responsible investing dashboard
The goal is easier identification of owners who launder money, commit financial crimes or evade taxes
Regulator issues initial guidance targeting financial firms' climate risk management, governance
Moody's finds companies with more diverse boards tend to have higher credit ratings
Regulator proposes principles-based guidance on firms' culture
Rise in black directors drives increase in board diversity, ISS reports
New governance structure to be adopted in second quarter
Protests due to economic stress can spill over to companies' credit quality and ratings, Moody's says