ESG / SUSTAINABILITY

Crypto / Digital Assets

FSB Plenary Highlights Continued Financial Stability Concerns

By Editors | 03/07/2022

The FSB expressed concerns over the outlook for financial stability, volatility in commodity markets, and strains in crypto-asset markets.

Enforcement

Tougher Enforcement, Regulation on ESG Funds a “Wake-up Call”

By ESG Investor | 03/07/2022

DWS whistle-blower Desiree Fixler welcomes enforcement action as necessary to deal with greenwashing.

ESG / Sustainability

SC Malaysia Launches New Framework for SRI-Linked Sukuk

By Editors | 02/07/2022

Issuers can use SRI-linked sukuk proceeds for general purpose, subject to their commitments to future improvements for sustainability outcomes within a predefined timeline.

ESG / Sustainability

GFXC Launches New Tool to Drive Adoption of FX Global Code

By Editors | 01/07/2022

The new web-based prototype tool will reduce the barriers to signing the Code and encourage adoption by more buy-side firms.

ESG / Sustainability

HKMA to Integrate Climate Risk in Supervisory Processes

By Editors | 01/07/2022

Climate risk management will be a standing item in annual prudential meetings with banks. The CAMEL rating framework will be updated.

Crypto / Digital Assets

EU Lawmakers Agree on AML Framework for Crypto

By Manesh Samtani | 30/06/2022

Crypto asset service providers will be required to implement customer protection measures and robust AML/CFT safeguards including the travel rule.

ESG / Sustainability

Shanghai Approves Regulations to Promote Green Finance Development

By Darien Choong | 30/06/2022

The regulations, effective on 1 July, will support the establishment of evaluation, identification and classification standards for green finance products and projects.

ESG / Sustainability

SFC Reviewing Market Practices to Guard Against Risk

By Manesh Samtani | 30/06/2022

Reviews underway cover concentration risk in OTC derivatives markets, risk management at futures brokers, and block trading practices.

ESG / Sustainability

ICMA Issues KPI Registry for Sustainability-Linked Bonds

By ESG Investor | 30/06/2022

ICMA has also updated its guidance and introduced clarifications to support growth of the sustainable bond market.