ESG / SUSTAINABILITY

Big Picture

NGFS Offers Climate Risk Guidance for Central Bank Monetary Operations

By Sanday Chongo Kabange | 29/03/2021

The report outlines nine options for central banks to adjust their operational frameworks for monetary policy to account for climate-related risks.

ESG / Sustainability

BOJ Considers Regulatory Changes to Address Climate Risk

By Editors | 28/03/2021

The BOJ is engaged in active dialogue with FIs on climate-related financial risks, with a view to formulating evidence-based revisions to financial regulations.

ESG / Sustainability

ICMA Calls for ESG Metrics, Standards for Securitised Assets

By Editors | 25/03/2021

Unless ABS investors have better access to standardised and relevant data, they will be unable to appraise ESG risks and satisfy sustainability objectives.

ESG / Sustainability

ISLA Pledges to Support ESG Objectives in Securities Lending

By Sanday Chongo Kabange | 24/03/2021

ISLA says it will lead workstreams on five key action points to help share the securities lending market’s response to ESG challenges.

ESG / Sustainability

IFRS Foundation Forms Working Group to Converge Standards

By Editors | 23/03/2021

The working group will provide a forum for structured engagement with standard-setting bodies to converge their various sustainability reporting standards.

Capital / Liquidity

Climate Risk & Regulation: A Race to the Top

By Manesh Samtani | 23/03/2021

Bill Coen, Chair of the IFRS Advisory Council and former BCBS Secretary General, speaks to Regulation Asia about initiatives underway to mitigate climate-related risk in the banking sector.

ESG / Sustainability

Climate Change Will Threaten Financial Stability: PBOC

By Manesh Samtani | 22/03/2021

Climate change could impact monetary policy, credit risk, market risk and liquidity risk, and undermine the stability of the entire financial system, PBOC governor Yi Gang said.

ESG / Sustainability

Malaysia SC Outlines Capital Market Plans for 2021

By Sanday Chongo Kabange | 21/03/2021

The SC said it will launch its five-year Capital Market Masterplan 3 in H2 2021, strengthen its regulatory capabilities, and streamline conduct requirements.

ESG / Sustainability

Absence of Term RFRs Could Impair Risk, Forecasting Functions

By Editors | 19/03/2021

Banking functions involving risk analytics and cash flow forecasting will need to change to accommodate risk-free rates, says Karen Moss at Moody’s Analytics.