Sentences with phrase «stringent financial reporting requirements»

Since these markets are not regulated, the companies don't have to meet the same stringent financial reporting requirements and it's often quite difficult to get reliable financial information.

Not exact matches

A small but growing number of countries now have legal requirements for institutional investors to report on how their investment policies and performance are affected by environmental factors, including South Africa and, prospectively, the EU.36 Concern about the risks of a «carbon bubble» — that highly valued fossil fuel assets and investments could be devalued or «stranded» under future, more stringent climate policies — prompted G20 Finance Ministers and Central Bank Governors in April 2015 to ask the Financial Stability Board in Basel to convene an inquiry into how the financial sector can take account of climate - related Financial Stability Board in Basel to convene an inquiry into how the financial sector can take account of climate - related financial sector can take account of climate - related issues.37

Additional elements such as equitable pricing measures, penalties for non-compliance, facilities for banking and borrowing, requirements for monitoring and reporting, and offset policies, as well as an oversight body and stringent checks and balances, would also need to be addressed, again like those that regulate global financial markets.