ESG / Sustainability

ESG / Sustainability

HKMA Asks Banks to Apply Basel Climate Risk Guidance

By Editors | 22/06/2022

The HKMA will assess the need to align its supervisory framework with BCBS Principles for managing and supervising climate-related financial risks.

ESG / Sustainability

Thai SEC Partners With CDP to Drive Environmental Disclosures

By Sanday Chongo Kabange | 22/06/2022

The SEC and CDP will co-develop a programme to improve the quantity and quality of environmental disclosures from corporates and FIs in Thailand.

ESG / Sustainability

ACRA, SGX to Develop Sustainability Reporting Roadmap

By Editors | 22/06/2022

New advisory committee to develop roadmap for wider implementation of sustainability reporting in Singapore, beyond SGX-listed companies.

ESG / Sustainability

MAS Unveils First Use Case for New AI Platform ‘NovA!’

By Sanday Chongo Kabange | 22/06/2022

NovA! will initially be used for ESG risk assessments when originating, underwriting and servicing sustainability-linked loans for the real estate sector.

ESG / Sustainability

Hong Kong Advances Work to Develop Green Finance Capacity, Talent

By Editors | 21/06/2022

Hong Kong will develop a GHG emissions estimation tool, a green classification framework, and adopt the ISSB standards when they’re ready.

Crypto / Digital Assets

BIS Innovation Hub Announces New Set of Projects

By Editors | 20/06/2022

The first three Eurosystem Centre projects will focus on crypto markets, quantum-resistant cryptography for payments, and climate-related disclosures.

ESG / Sustainability

Key Role for Finance in China Climate Adaptation Strategy

By Darien Choong | 20/06/2022

China’s new National Climate Adaptation Strategy 2035 New Climate Adaptation Strategy encourages financial institutions to innovate and expand solutions.

Securities / Derivatives

Bank of China Issues First Notes Aligned to Updated CGT

By Editors | 17/06/2022

The Common Ground Taxonomy, first published in November by the EU and China, was updated following consultation.

ESG / Sustainability

PBOC Orders Banks to Finance Water Conservancy Projects

By Darien Choong | 16/06/2022

Policy, development, state-owned, small and medium-sized banks are directed to provide credit to support the construction of water conservancy infrastructure.