In a complicated context (war in Ukraine and sharp rise in energy prices), the ECB confirms the normalization of its monetary policy by announcing that it will purchase less assets in Q2 and that it could even stop these purchases in Q3.

Christine Lagarde explains that the ECB now considers that the risks to the inflation outlook are titled to the upside and that it could tighten its monetary policy as soon as 2022.

The Fed says it will not get cold feet. The first rate hike should take place in March. The schedule for the balance sheet reduction gets clearer.   

The French Prudential Supervision and Resolution Authority (ACPR) and the Paris financial center demonstrate their mobilization in the fight against climate change through the implementation of stress tests aimed at emphasizing the importance for financial institutions and supervisors to amplify and accelerate their actions in response to the climate emergency.  

What is the the scope of the SFDR (“Sustainable Finance Disclosure Regulation”)? 

What is at stake for CPR AM and more generally for asset management companies?Answers by Catherine Crozat, Head of ESG Project at CPR AM