ESG / SUSTAINABILITY

ESG / Sustainability

EU to Simplify ESG Rules Amid Criticism of Over-Regulation

By Nithya Subramanian | 29/11/2024

The European Commission plans to reduce compliance burdens on businesses by streamlining existing ESG frameworks.

ESG / Sustainability

Australian Investors Demand Greater Adaptation Action

By ESG Investor | 28/11/2024

New nature legislation and updated Modern Slavery Act are also key priorities ahead of 2025 federal elections.

ESG / Sustainability

ASEAN Stock Exchanges to Issue RFI to Develop ESG Data Infrastructure

By Nithya Subramanian | 27/11/2024

The effort aims to enhance ESG data standardisation, attract global investors, and position ASEAN as a hub for sustainable development.

ESG / Sustainability

Taiwan Financial Industry Signs Declaration to Support Net-Zero Goal

By Nithya Subramanian | 27/11/2024

The declaration has set five goals which include implementing carbon reduction actions, expanding green finance, and promoting green fintech.

ESG / Sustainability

SFC Sets Expectations on Due Diligence on ESG Service Providers

By Manesh Samtani | 26/11/2024

Asset managers should “reasonably understand the ESG products provided by the third-party ESG service providers”.

ESG / Sustainability

Australia Unveils Strategy to Modernise Sovereign Wealth Fund

By Thisanka Siripala | 24/11/2024

The government is refreshing and renewing the Future Fund to make it “stronger, more successful and more sustainable into the future”.

ESG / Sustainability

HKMA Launches ‘Professional Level’ ECF for Sustainable Finance

By Sanday Chongo Kabange | 23/11/2024

The “Professional Level” of the ECF-GSF aims to help mid- and senior-level bankers develop professional competencies in Green and Sustainable Finance.

ESG / Sustainability

BCBS Postpones Climate Risk Disclosure Framework for Banks

By Thisanka Siripala | 21/11/2024

The BCBS has been unable to finalise the Pillar 3 disclosure framework for climate-related financial risks because the US refuses to endorse it.

Capital / Liquidity

BCBS Issues Work Update, Calls for Full Basel III Implementation

By Editors | 21/11/2024

Next month BCBS will publish the final CCR guidelines, a report on the CCyB, and Korea’s NSFR and large exposures assessment reports.