Ant Group is drawing up a timetable to fold its financial operations into a holding company, under the guidance of regulators.
At the Asian Financial Forum, SFC chief Ashley Alder discussed the steps Hong Kong has taken to support a greener and more sustainable future.
Large companies will have to disclose ESG information from 2025. This will expand to all KOSPI-listed companies from 2030.
Stress tests indicate 4 banks may fail to meet minimum capital requirements by September 2021 under the baseline scenario.
Australia: Xinja Bank Completes Return of Customer DepositsJanuary 19, 2021
China: SAFE Allocates $9bn in Additional Quotas to QDIIsJanuary 19, 2021
PBOC, CBIRC Restrict Online Sale of Deposit Products by BanksJanuary 19, 2021
Philippine Senate Approves Amendments to AML LawJanuary 19, 2021
PBOC Says Ant Group Working to Overhaul Business StructureJanuary 19, 2021
MAS Raises Expectations on Technology Risk ManagementJanuary 19, 2021
Hong Kong Influence in Global Climate Finance of ‘Critical Importance’January 19, 2021
CBIRC To Supervise Insurance AMCs Based On Regulatory RatingsJanuary 19, 2021
Thailand SEC Declares Support for TCFD, Enhanced ESG DisclosuresJanuary 19, 2021
Korea Announces Additional Support to Covid-19 Hit BusinessesJanuary 19, 2021