ESG / Sustainability

ANZ client Victor Smorgon Group successfully purchased tokenised Australian carbon credits from Zerocap using A$DC as a medium of exchange.

Crypto asset service providers will be required to implement customer protection measures and robust AML/CFT safeguards including the travel rule.

Shanghai Environment Energy Exchange approved 8 carbon neutral ETFs, and NAFMII recently launched China’s first batch of interbank transition bonds.

BNM has proposed a framework for the 2024 CRST exercise to assess the resilience of Malaysian FIs to physical and transition risks arising from various climate scenarios.

The FSB expressed concerns over the outlook for financial stability, volatility in commodity markets, and strains in crypto-asset markets.

DWS whistle-blower Desiree Fixler welcomes enforcement action as necessary to deal with greenwashing.

Issuers can use SRI-linked sukuk proceeds for general purpose, subject to their commitments to future improvements for sustainability outcomes within a predefined timeline.

The new web-based prototype tool will reduce the barriers to signing the Code and encourage adoption by more buy-side firms.

Climate risk management will be a standing item in annual prudential meetings with banks. The CAMEL rating framework will be updated.

The regulations, effective on 1 July, will support the establishment of evaluation, identification and classification standards for green finance products and projects.