ESG / Sustainability

Bangladesh, UK Signs Pact to Tackle Climate Change

18/03/2023

Bangladesh and the UK stressed the need to work to increase access to climate finance by climatically vulnerable countries and secure greater funding for adaptation.

Market Infrastructure

ASX Forms New Unit to Focus on Technology & Data

18/03/2023

ASX says the introduction of a CIO role and the creation of a new technology unit will allow a greater focus of efforts on data and technology innovation.

Capital / Liquidity

Australian Regulators to Intensify Banking Sector Supervision

17/03/2023

The CFR will monitor the fallout from the collapse of US banks through ‘intensive supervision’ of Australia’s banking system.

Market Infrastructure

PBOC to Reduce ‘High Risk’ Institutions in Financial System

16/03/2023

The PBOC will defuse “bombs” by reducing the number of high-risk institutions especially small and mid-sized financial institutions.

ESG / Sustainability

New Zealand Considers Climate Reporting Exemptions for Secondary Listed Issuers

15/03/2023

The exemptions seek to reduce compliance costs for foreign exempt issuers that already produce similar reporting in their home jurisdiction.

ESG / Sustainability

PNGX Proposes New Corporate Governance Code for Listed Firms

10/03/2023

The Code covers disclosures on policies for achieving gender equality and managing and reporting on environmental and social impacts.

ESG / Sustainability

EBA Calls for Action Against Banks Without Mandatory Diversity Policies

09/03/2023

The EBA says competent authorities should take appropriate supervisory measures to ensure banks and investment firms comply with the EU’s mandatory diversity policy.

Fintech / Regtech

SEBI Finalises Cloud Adoption Framework for Regulated Entities

09/03/2023

Regulated entities have one month to provide SEBI with details of the cloud services they have deployed and 12 months to ensure full compliance with the new framework.

Enforcement

ACCC Enforcement to Prioritise Misleading Environmental Claims

08/03/2023

The ACCC has established a new taskforce that will focus on sustainability and its intersection with competition and consumer law.