ESG / Sustainability

ESG / Sustainability

AFRC Assesses Readiness for Sustainability Reporting and Assurance

By Sanday Chongo Kabange | 28/01/2025

An increasing number of HK-listed entities are obtaining sustainability assurance, and more auditors are offering these services.

Capital / Liquidity

HKMA Finalises Policy Manual on How Pillar 2 Capital is Determined

By Manesh Samtani | 27/01/2025

The HKMA will consider whether banks have taken into account material climate-related financial risks when determining Pillar 2 capital requirements.

Crypto / Digital Assets

FSB Publishes Work Programme for the Year Ahead

By Manesh Samtani | 25/01/2025

The work programme highlights digitalisation, climate change, and the shifting macroeconomic environment as key priorities

AML / KYC

HKMA Publishes Banking Sector Priorities for 2025

By Sanday Chongo Kabange | 24/01/2025

The HKMA’s 2025 workplan includes measures to safeguard the banking sector from financial crime, credit risk and cyber risk.

ESG / Sustainability

Indonesia Opens Carbon Exchange to International Participants

By Nithya Subramanian | 24/01/2025

Minister says every certificate issued for international trading has been validated and authorised to prevent double accounting, double payment, and double claims.

Big Picture

Chinese Regulators Should Introduce a Stewardship Code: Report

By Manesh Samtani | 24/01/2025

Fidelity International’s Flora Wang says the implementation of such a stewardship code in China would be a “decisively positive step”.

Big Picture

Climate-Linked Bonds Can Help Drive Net Zero Transition: ECB Paper

By Thisanka Siripala | 23/01/2025

Climate-linked bonds can encourage governments to proactively address climate change and help investors hedge against long-term climate risks

ESG / Sustainability

FDIC Joins Federal Reserve in Withdrawing from NGFS

By Thisanka Siripala | 23/01/2025

The withdrawals are part of a broader trend of US organisations and financial institutions stepping back from climate-focused initiatives

ESG / Sustainability

Thailand to Establish New Carbon Credits Market This Year – Reports

By Mark Johnston | 23/01/2025

An official from SEC Thailand said the country needs a much more active carbon credit market, operated by the stock exchange