The principles are based on a broader definition of climate finance which goes beyond debt instruments and captures equity financing and working capital.
The new standards will facilitate data sharing between FIs and within settlement participants, thereby promoting standardisation and enhancing data governance.
Banks are asked to review and assess the impact of the SFC's revised framework and take action to ensure compliance.
The fund will manage the income generated from selling carbon credits, primarily using it to finance green projects in Shenzhen.
The new taskforce will enable the Australian police to have a more unified approach to pursue ransomware attackers.
The panel says the FSA should introduce a code of conduct for ESG data providers and develop an information platform for ESG-related bonds.
The first phase of the project, now complete, allows Thai users to make QR code payments to merchants in Malaysia, including for online e-commerce transactions.
An NGFS/INSPIRE study group will seek to improve understanding of the link between biodiversity loss and financial stability.
Major shareholders cannot use borrowed funds to invest in banks, take out loans from the banks they invest in, or have cross-shareholdings with other banks.
MAS is adopting a two-phased approach to migrate to ISO 20022, beginning with payments on MEPS+ in June 2022.
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