The JFSC has joined NGFS, a network to help improve environment and climate risk management in the financial sector
16/11/2021
The following is an JFSC industry update 15 November 2021
We have been accepted as a member of the Network for Greening the Financial System (NGFS). This was announced at COP26 in Glasgow by the NGFS Chair, Frank Elderson.
NGFS is a network for Central Banks and Supervisors who, on a voluntary basis, exchange experiences, share best practices, contribute to the development of environment and climate risk management in the financial sector.
Jill Britton, Interim Director General, commented: “Joining this important global network of financial supervisors enables us to contribute to the development of environment and climate risk management, to share ideas and to bring that best practice directly into our work.
Along with Government, other Island agencies, and Industry, we are committed to taking an active role in supporting the worldwide transition to a sustainable economy and our membership of NGFS is an important step as we develop that work.”
Matthew Clegg, Sustainable Finance Lead, added: “This year we introduced straightforward and effective disclosure requirements for funds in order to mitigate the risk of greenwashing. There is much more to be done and joining the NGFS helps us on this journey. Our membership combines with our local membership of Jersey for Good – A Sustainable Future, and will help us in bringing a global perspective to our vital work supporting the development of sustainable finance in Jersey.”
Source:
https://www.jerseyfsc.org/news-and-events/weve-joined-ngfs-a-network-to-help-improve-environment-and-climate-risk-management-in-the-financial-sector/
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As well as owning and publishing Comsure's copyrighted works, Comsure wishes to use the copyright-protected works of others. To do so, Comsure is applying for exemptions in the UK copyright law. There are certain very specific situations where Comsure is permitted to do so without seeking permission from the owner. These exemptions are in the copyright sections of the Copyright, Designs and Patents Act 1988 (as amended)[www.gov.UK/government/publications/copyright-acts-and-related-laws]. Many situations allow for Comsure to apply for exemptions. These include 1] Non-commercial research and private study, 2] Criticism, review and reporting of current events, 3] the copying of works in any medium as long as the use is to illustrate a point. 4] no posting is for commercial purposes [payment]. (for a full list of exemptions, please read here www.gov.uk/guidance/exceptions-to-copyright]. Concerning the exceptions, Comsure will acknowledge the work of the source author by providing a link to the source material. Comsure claims no ownership of non-Comsure content. The non-Comsure articles posted on the Comsure website are deemed important, relevant, and newsworthy to a Comsure audience (e.g. regulated financial services and professional firms [DNFSBs]). Comsure does not wish to take any credit for the publication, and the publication can be read in full in its original form if you click the articles link that always accompanies the news item. Also, Comsure does not seek any payment for highlighting these important articles. If you want any article removed, Comsure will automatically do so on a reasonable request if you email info@comsuregroup.com.