ESG / SUSTAINABILITY

ESG / Sustainability

Australian Treasury Consults on Climate Disclosures

By ESG Investor | 13/12/2022

Australia is consulting on the design and implementation of its proposed standards for the mandatory disclosure of climate‑related financial risks and opportunities.

Capital / Liquidity

UK Proposes Extensive Overhaul of Financial Services Regulations

By Manesh Samtani | 12/12/2022

The reforms include overhauls of the ring-fencing and senior managers regimes, a new green finance strategy, and an investment management exemption for cryptoassets.

ESG / Sustainability

HKMA Issues Guidance for Banks on Reducing Greenwashing Risks

By Editors | 12/12/2022

The guidance is based on thematic examinations at banks, conducted to ensure they proper systems and control in place to manage their green and sustainable products.

ESG / Sustainability

Bursa Malaysia Launches Shariah Compliant Carbon Exchange

By Editors | 11/12/2022

The first trades will be conducted via an auction in March 2023. Project developers, project proponents, and corporate buyers are invited to participate.

ESG / Sustainability

ESMA Labelling Rules to Complicate Green Fund Market

By ESG Investor | 11/12/2022

Plans to introduce minimum investment thresholds risk creating two types of Article 8 products, says Julia Vergauwen at Linklaters.

ESG / Sustainability

Malaysia JC3 to Prioritise Work on Climate & Environmental Data

By Editors | 09/12/2022

The JC3 will work with data providers in 2023 to improve data accessibility, quality, comparability and consistency; and develop strategies to substantially reduce data gaps.

ESG / Sustainability

BCBS Issues Guidance on Capturing Climate Risks in Pillar 1 Standards

By Editors | 09/12/2022

The FAQs cover RWA calculations for credit risk, operational risk, and market risk, as well as considerations for meeting LCR requirements.

ESG / Sustainability

BOT, UK Government Agree to Cooperate on Sustainable Finance

By Editors | 08/12/2022

The UK and BOT will work together to improve financial inclusion, as well as promote sustainable finance and sustainability-related disclosures in the Thai financial sector.

ESG / Sustainability

Banks Get New Guidance on Financing Net Zero in Agriculture

By Editors | 08/12/2022

The new guidance sets out four key steps for setting agricultural emissions targets and calls on banks to engage with farmers on sustainable strategies.