ESG / Sustainability

ESG / Sustainability

CDSB Consolidates into IFRS Foundation to Support ISSB

By Editors | 06/02/2022

The consolidation includes the transfer of CDSB staff and core intellectual property and technical assets to support the work of the ISSB.

ESG / Sustainability

New IIGCC Net Zero Guidance for Private Equity Investors

By ESG Investor | 04/02/2022

The guidance outlines recommended scope, metrics and targets, and implementation actions investors can use when aligning PE assets with net zero ambitions.

ESG / Sustainability

ISSB Climate Standard Won’t Ignore Impact – IOSCO

By ESG Investor | 03/02/2022

Interoperability between reporting standards and across jurisdictions is key to establishing a global baseline, says IOSCO chair Ashley Alder.

ESG / Sustainability

Japan Considers Removing Quarterly Reporting Requirements

By Editors | 02/02/2022

A summary report setting out key considerations for the removal of quarterly reporting is expected to be released in the coming months.

Capital / Liquidity

APRA Commences Initiative to Modernise Prudential Architecture

By Editors | 02/02/2022

APRA says there will be a need for innovation in regulation and new rules, including to address how crypto-assets are treated for prudential purposes.

AML / KYC

Preparatory Work to Implement Basel III is Progressing: HKMA

By Editors | 01/02/2022

The HKMA will submit legislative amendments in early 2023 to implement the Basel III final reforms, which will take effect from 1 July 2023.

ESG / Sustainability

MAS to Issue New Anti-Greenwashing Rules for ESG Funds

By Manesh Samtani | 31/01/2022

Greenwashing poses a “real and present danger” to industry efforts to advance sustainability considerations in their investment processes.

ESG / Sustainability

EBA Finalises Pillar 3 Disclosure Rules for ESG Risks

By Sanday Chongo Kabange | 28/01/2022

Once approved by the European Commission, EU banks will have to start making ESG disclosures in 2023, with full phase-in by June 2024.

ESG / Sustainability

BSP Implementing “RING” Approach to Protect Financial System

By Editors | 27/01/2022

“RING” stands for Risk management guidelines, Integrity, New technologies, and Governance standards, said BSP governor Benjamin Diokno