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Top related persons:
Andrew Kelly - 1 DWS - 1 Goldman Sachs - 1 BNY - 1 Chris Prentice - 1 Chizu Nomiyama - 1 Emelia - 1 Alex Kraus - 1
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Germany Washington , Frankfurt
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U.S . Securities - 2 Exchange Commission - 2 Deutsche Bank - 2 DWS Investment Management - 2 SEC - 2 Washington , D.C - 1 REUTERS - 1 Regulators - 1

Search resuls for: "DWS Investment Management"


2 mentions found


☆ DWS to pay $25 mln to end US probe into greenwashing, other issues
  + stars: | 2023-09-25 | by ( Chris Prentice | Thomson Reuters | Chris Prentice Reports On Financial Crimes | ) www.reuters.com   time to read: +2 min
The headquarters of the U.S. Securities and Exchange Commission (SEC) is seen in Washington, D.C., U.S., May 12, 2021. DWS Investment Management Americas made "concerning" misstatements regarding its ESG investment process, the U.S. Securities and Exchange Commission (SEC) said in a statement. Separately, the SEC found DWS failed to develop a mutual fund anti-money laundering program as required by law. Reuters in July reported that the SEC was preparing to slap DWS with a fine after a two-year probe into allegations of "greenwashing". Under Democratic leadership, the SEC has pledged to crack down on the inflating of ESG credentials to attract investors.
Persons: Andrew Kelly, DWS, Goldman Sachs, BNY, Chris Prentice, Chizu Nomiyama, Emelia Organizations: U.S . Securities, Exchange Commission, Washington , D.C, REUTERS, Deutsche Bank, DWS Investment Management, SEC, Regulators, Democratic, BNY Mellon, Thomson Locations: Washington ,, Germany
☆ DWS to pay $25 mln over US charges over ESG misstatements, other violations
  + stars: | 2023-09-25 | by ( ) www.cnbc.com   time to read: +1 min
Photographer: Alex Kraus/Bloomberg via Getty ImagesDeutsche Bank-controlled investment firm DWS will pay $25 million to settle charges over misstatements regarding its environmental, social, and governance (ESG) investing and failures in policies designed to prevent money laundering, U.S. regulators said on Monday. DWS Investment Management Americas, a registered investment adviser, made "concerning" misstatements regarding its ESG investment process, the U.S. Securities and Exchange Commission said in a statement. Representatives for DWS, which did not admit or deny the SEC's findings, did not respond to requests for comment. Separately, regulators found DWS failed to develop a mutual fund anti-money laundering program as required by law. The firm did not have systems in place that were "reasonably designed" to flag potential money laundering, the SEC said in a separate order.
Persons: Alex Kraus Organizations: Deutsche Bank AG, Deutsche Bank, Bloomberg, Getty Images Deutsche Bank, DWS Investment Management, U.S . Securities, Exchange Commission, SEC, DWS Locations: Frankfurt, Germany
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