ESG / SUSTAINABILITY

ESG / Sustainability

New Zealand Introduces Law on Mandatory Climate Disclosures

By Manesh Samtani | 13/04/2021

Once the bill is passed, disclosures will be required for financial years commencing in 2022, meaning the first disclosures for around 200 organisations will be made in 2023.

ESG / Sustainability

New TSE Chief Eyes ESG Focus In Reorganisation Plan

By Sanday Chongo Kabange | 12/04/2021

Chief executive Hiromi Yamaji says the TSE will urge companies to step up efforts on ESG issues based on their market classification.

Crypto / Digital Assets

G20 to Use All Available Policy Tools for As Long As Required

By Manesh Samtani | 11/04/2021

G20 Finance Ministers and Central Bank Governors committed to avoiding any premature withdrawal of Covid-19 support measures, in line with the FSB’s recommendations.

ESG / Sustainability

NGFS, INSPIRE to Study Financial Risks of Biodiversity Loss

By Editors | 07/04/2021

The research will seek to understand how central banks and supervisory authorities can fulfil their financial stability mandates in the context of biodiversity loss.

ESG / Sustainability

Japan FSA Issues Proposal to Revise Corporate Governance Code

By Manesh Samtani | 07/04/2021

The changes will improve board independence, promote board diversity, and enhance climate-related and ESG disclosures by top-tier listed companies.

Big Picture

Premature Withdrawal of Support May Threaten Financial Stability: FSB

By Manesh Samtani | 07/04/2021

As public support is phased out, the ability of banks and non-bank financial institutions to bear risks and provide financing will be critical, the FSB says.

AML / KYC

Hong Kong to Allow Companies to Conceal Director Identities

By Manesh Samtani | 03/04/2021

The proposal will hamper the ability of investors, banks, property agents, researchers and journalists to carry out due diligence on transactions and counterparties.

ESG / Sustainability

SEBI Approves Listing Rule Changes, New ESG Reporting Requirements

By Editors | 02/04/2021

The new reporting requirements set the stage for taking a leap for better disclosures in the ESG space in India, SEBI said.

ESG / Sustainability

Regulators Should Require FIs to Consider Climate Risk: NGFS

By ESG Investor | 01/04/2021

Climate risks may be underestimated due to a lack of internal scenario analysis by financial institutions, the NGFS warns in a new report.