ESG / SUSTAINABILITY

Securities / Derivatives

JPX to Launch New Data Services Platform by End-March

By Editors | 28/02/2024

“J-LAKE” will centralise the management and analysis of financial and capital market data and help expand JPX’s data distribution services.

Enforcement

ASIC Fines Melbourne Securities for Alleged Greenwashing

By Sanday Chongo Kabange | 28/02/2024

ASIC alleges that Melbourne Securities made misleading statements in its PDS regarding its Bloom Climate Impact Fund.

Crypto / Digital Assets

HK Budget Promises Financial Sector Development, Boost for Property Market

By Manesh Samtani | 28/02/2024

Restrictions on property transactions removed. Property lending requirements eased. HK$100mn pledged to promote financial services.

ESG / Sustainability

HKMA to Roll Out Physical Risk Assessment Platform “Soon”

By Manesh Samtani | 28/02/2024

The cloud-based platform will enable banks to assess physical risk for specific property exposures over different time horizons and climate scenarios.

ESG / Sustainability

Hong Kong to Develop Transition Finance Framework: HKMA

By Sanday Chongo Kabange | 27/02/2024

HKMA’s Darryl Chan said the  Green and Sustainable Finance Cross-Agency Steering Group will start work on a transition taxonomy this year.

ESG / Sustainability

Taiwan FSC Proposes Rule Changes to Improve Insurers’ ESG Disclosures

By Mark Johnston | 27/02/2024

Insurers will have until 1 January 2025 to establish internal control systems for the management and disclosure of sustainable information.

Big Picture

FSB Warns of ‘Challenging Outlook’ for Global Financial Stability

By Manesh Samtani | 27/02/2024

The FSB is analysing the financial stability implications of tokenisation and AI, and taking stock of regulatory initiatives on nature-related financial risks.

ESG / Sustainability

Korea Unveils Initial Details of ‘Corporate Value-up Programme’

By Manesh Samtani | 27/02/2024

The programme is designed to encourage listed companies to engage in voluntary efforts to improve governance, boost corporate value and enhance shareholder returns.

ESG / Sustainability

ISSB Works to Finalise Jurisdictional Adoption Guide

By ESG Investor | 25/02/2024

The ISSB’s Inaugural Jurisdictional Guide should be finalised by mid-year, with the core objective of reducing fragmentation.