ESG / SUSTAINABILITY

Market Infrastructure

Korea Kicks Off First Meeting of New Green Finance Task Force

By Manesh Samtani | 13/08/2020

The task force will establish a monitoring system for climate-related financial risks, lead efforts to boost investment in green industries, and promote ESG investing in Korea.

Securities / Derivatives

Singapore Fund Managers Expect Covid to Accelerate ESG Investing

By Manesh Samtani | 13/08/2020

A new survey by IMAS found that two-thirds of Singapore fund managers expect the adoption of ESG investing to accelerate as a result of the Covid-19 pandemic.

ESG / Sustainability

Taiwan to Introduce Social & Sustainability Bonds by Year End

By Editors | 06/08/2020

Taiwan’s FSC will direct OTC market operator Taipei Exchange to develop new guidelines for issuing social and sustainability bonds.

ESG / Sustainability

BSP Joins Network for Greening the Financial System

By Editors | 04/08/2020

The NGFS membership will strengthen BSP’s collaboration with central banks and supervisors on the effective management of climate risks in the financial sector.

ESG / Sustainability

Culture Audits: Removing the Blindfold

By Stephen Scott | 03/08/2020

To avoid individual liability, leaders along all Three Lines of Defence must identify indicators of non-financial risk that permit “upstream” interventions, say Stephen Scott and Mark Cooke.

ESG / Sustainability

CDSB Issues New Guidance to Mainstream Climate Reporting

By Manesh Samtani | 28/07/2020

The new Climate Guidance will help enhance reporting quality by addressing the lack of decision-useful material climate information for investors.

ESG / Sustainability

Hong Kong Exchange Proposes Introduction of Paperless IPO Regime

By Manesh Samtani | 26/07/2020

The stock exchange is seeking feedback on proposals to introduce a paperless listing documents regime, and to only allow IPO subscriptions through electronic channels.

ESG / Sustainability

Inconsistent Data Hindering Quantification of Climate Risks: FSB

By Manesh Samtani | 22/07/2020

Multiple layers of uncertainty on the course of climate change give rise to a lack of consistent data and methodologies for translating potential outcomes into financial exposure estimates.

AML / KYC

Sustainable Supply Chains and the Role Banks Play

By Editors | 14/07/2020

Incoming rules from the EU, UK, Singapore and Hong Kong highlight the need for banks to gain a better understanding of the third party and supply chain risks their customers face.