Climate Risk

Climate Risk

BNM Drafts New Rules on Climate Risk Management, Scenario Analysis

By Manesh Samtani | 28/12/2021

A gap analysis and implementation plans must be submitted to BNM within six months from the issuance of the final policy document, expected on 1 June 2022.

Anti-Money Laundering

Regulation Asia: Top 20 News Stories for 2021

By Editors | 23/12/2021

This list presents the most-read new stories published by Regulation Asia in 2021, based on aggregated user traffic analytics.

Cybersecurity

RBA Warns of ‘Dire Consequences’ from Cyber and Climate Risks

By Mark Johnston | 23/12/2021

The RBA’s Jonathan Kearns said banks need to continue to address evolving risks, as they can morph into systemic risks with potentially dire consequences.

Climate Risk

New Carbon Accounting Guidance Issued for Crypto Sector

By Mark Johnston | 21/12/2021

Guidance from the Crypto Climate Accord describes how stakeholders in the crypto sector can measure, track, and report their electricity use and GHG emissions.

Reporting & Disclosures

TWSE Expands Scope of Sustainability Reporting Rules

By Editors | 21/12/2021

All TWSE listed companies with paid-in capital above TWD 2 billion will mandatorily have to file sustainability reports from 2023 onwards.

Sustainable Finance

ESG Products, Retail Investors to Propel Asia Derivatives Market

By Editors | 20/12/2021

in 2022, Asia derivatives market growth will be driven by ESG-related products and increased retail investor participation.

Reporting & Disclosures

FCA’s TCFD Rules for Asset Managers to Allow for Data Gaps

By ESG Investor | 20/12/2021

Product-level disclosures to users can be limited for transitional period where proxies deemed insufficient.

Reporting & Disclosures

NGFS Issues Guidance for Central Banks on Climate Disclosure

By Editors | 17/12/2021

The ‘how-to’ guide allows central banks to take their own specificities into account and to flexibly decide on the scope and depth of their disclosure, the NGFS said.

Climate Risk

HK to Enhance Mainland Connection via Stock Connect, Carbon Market

By Sanday Chongo Kabange | 15/12/2021

The SFC is seeking to align Hong Kong’s trading days with the mainland, add more securities to Stock Connect, and establish a cross-border carbon market.