Climate Risk

Credit Risk

BOJ Publishes Details on Planned Bank Examinations for Fiscal 2022

By Manesh Samtani | 05/04/2022

Key areas of focus for the BOJ will be to assess how banks are managing climate risk, credit risk, cross-border loans, and cybersecurity.

Climate Risk

“Room for Improvement” in Climate Risk Tools – UNEP FI

By ESG Investor | 03/04/2022

Greater scope and depth needed to keep pace with demand for more holistic approaches to climate risk management by banks and investors.

Climate Risk

Malaysia JC3 Issues Draft TCFD Application Guide for FIs

By Editors | 03/04/2022

All Malaysian FIs will be expected to adopt basic recommendations set out in the application guide and encouraged to adopt more sophisticated ‘stretch’ recommendations.

Emerging Prudential Risks

FSB Publishes Work Programme for 2022

By Editors | 31/03/2022

Key focus areas include work to address Covid-19 scarring effects, enhance cross-border payments, and address financial risks from climate change.

Reporting & Disclosures

ISSB Publishes First Sustainability Reporting Standards

By ESG Investor | 31/03/2022

The ISSB requests feedback on general and climate-focused disclosure drafts, which will be finalised by end of 2022.

Climate Risk

Indian Banks ‘Unprepared’ to Fight Climate Change: Report

By Editors | 31/03/2022

A report from Climate Risk Horizons finds that most Indian banks have not yet factored climate change into their business strategies.

Sustainable Finance

Hong Kong to Develop VCM, Unify GBA Carbon Market

By Manesh Samtani | 31/03/2022

Hong Kong’s VCM will target local, Mainland and overseas buyers of carbon credits. Authorities will also work to establish a unified carbon market for the GBA.

Sustainable Finance

China Outlines Green Development Principles for Belt and Road

By Darien Choong | 31/03/2022

Chinese firms will be encouraged to establish overseas equity investment funds focusing on green and low-carbon sectors, and cooperate on investment in green industries.

Sustainable Finance

Malaysia in Talks to Harmonise Carbon Trading

By Editors | 29/03/2022

The establishment of a single carbon trading market for Malaysia will help to avoid fragmentation across the country.