Climate Risk

    Reporting on regulatory responses, risk management practices, and financial impacts of climate-related risks, including physical and transitional risks.

    Emerging Prudential Risks

    FSB Plenary Highlights Continued Financial Stability Concerns

    By Editors | 03/07/2022

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

    Climate Risk

    HKMA to Integrate Climate Risk in Supervisory Processes

    By Editors | 01/07/2022

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

    Sustainable Finance

    Shanghai Approves Regulations to Promote Green Finance Development

    By Darien Choong | 30/06/2022

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

    Emerging Prudential Risks

    SFC Reviewing Market Practices to Guard Against Risk

    By Manesh Samtani | 30/06/2022

    Reviews underway cover concentration risk in OTC derivatives markets, risk management at futures brokers, and block trading practices.

    Climate Risk

    Malaysia Regulators Publish TCFD Adoption Guide for FIs

    By Editors | 30/06/2022

    All local and foreign FIs are expected to adopt the basic recommendations set out in the application guide within a recommended timeframe of 24 months.

    Sustainable Finance

    G7 Announces Initiative to Counter Belt and Road Initiative

    By Editors | 28/06/2022

    The US plans to contribute USD 200 billion to the new initiative, while the rest of the G7 will contribute another USD 400 billion.

    Climate Risk

    Listed Equities’ Carbon Well Exceeds Paris Target

    By ESG Investor | 26/06/2022

    Stock exchanges’ listing rules are putting investors at risk, a new report from think tank Carbon Tracker finds.

    Cryptocurrency

    Bitcoin Consumes Less Energy than Classical Payments: Report

    By Mark Johnston | 25/06/2022

    Research report finds that the Lightning network enables a single Bitcoin transaction to become 194 million times more energy-efficient than a classical payment.

    Climate Risk

    GFANZ Consults on Net-zero Transition Planning Framework

    By Editors | 24/06/2022

    GFANZ identifies four critical approaches for financial institutions to support real-economy GHG emissions reductions.

    Conduct, Culture & Accountability

    SFC Cites Conduct, Technology and Climate as Key Priorities

    By Editors | 23/06/2022

    The SFC’s latest annual report highlights work to enhance book building and placing practices, regulate fund trustees and custodians, and enhance climate disclosure for fund investors.

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