ESG / Sustainability

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.

ESG / Sustainability

IOSCO Forms Working Group to Aid IFRS Sustainability Project

By Editors | 31/03/2021

The MAS and US SEC will co-lead the new technical working group, which will help develop technical recommendations needed for new sustainability reporting standards.

ESG / Sustainability

BOJ, FSA Highlight Ongoing Initiatives to Address Climate Risk

By Manesh Samtani | 31/03/2021

Bank examinations will include assessments of efforts to address climate-related risks, and work is underway to identify possible approaches to climate-related scenario analysis.

ESG / Sustainability

RBNZ Makes Submission to Climate Change Commission

By Ranamita Chakraborty | 29/03/2021

The RBNZ emphasised the need to take a collective approach and for the firms it regulates to pay close attention to climate-related risks.

ESG / Sustainability

US Fed Creates Financial Stability Climate Committee

By Sanday Chongo Kabange | 29/03/2021

The Financial Stability Climate Committee will compliment the Supervision Climate Committee, which focuses on addressing risks at individual banks.