Climate Risk

Reporting & Disclosures

Singapore Taskforce Proposes Taxonomy for Identifying Green Activities

By Editors | 29/01/2021

The taxonomy draws on the theoretical underpinnings of the EU taxonomy and proposes a traffic-light system which sets out how activities are classified.

Sustainable Finance

Policy Rethink Needed to Promote Green Finance Development in India

By Manesh Samtani | 27/01/2021

India needs a policy framework that addresses existing frictions at both the national and state levels, says a new paper from the RBI.

Structural Regulation

CSRC Approves Establishment of Guangzhou Futures Exchange

By Editors | 24/01/2021

The new exchange is part of a policy blueprint released by mainland authorities last year to facilitate the development of the Greater Bay Area.

KYC & CDD

Financial Crime 2021: Digital ID, Due Diligence, Sanctions

By Editors | 21/01/2021

Last year’s financial crime landscape forced many FIs to rapidly adapt to evolving threats. In the year ahead, a continued focus on risk mitigation is prudent.

Emerging Prudential Risks

FSB Publishes Work Programme for Year Ahead

By Editors | 20/01/2021

The work programme includes initiatives to strengthen NBFI resilience, enhance cross border payments, and address climate change, among other priorities.

Reporting & Disclosures

Hong Kong Influence in Global Climate Finance of ‘Critical Importance’

By Manesh Samtani | 19/01/2021

At the Asian Financial Forum, SFC chief Ashley Alder discussed the steps Hong Kong has taken to support a greener and more sustainable future.

Reporting & Disclosures

Thailand SEC Declares Support for TCFD, Enhanced ESG Disclosures

By Sanday Chongo Kabange | 18/01/2021

The move will lead to better disclosure of ESG information in the capital market, including information related to greenhouse gas emissions.

Reporting & Disclosures

Korea to Require ESG Disclosures from Listed Companies

By Editors | 15/01/2021

Large companies will have to disclose ESG information from 2025. This will expand to all KOSPI-listed companies from 2030.

Reporting & Disclosures

JPX Issues New ESG Handbook to Listed Companies

By Editors | 14/01/2021

The handbook explains how to identify ESG issues that are relevant, how to connect the issues to a business strategy and how to best disclose achievements.