Climate Risk

Sustainable Finance

Why the HKMA is Taking ESG Investing Seriously

By AsianInvestor | 26/11/2019

The head of risk for the de-facto central bank’s investment portfolio explains why it is implementing ESG principles into its investing practices.

Reporting & Disclosures

EP Association Adopts 4th Iteration of ‘Equator Principles’

By Editors | 21/11/2019

DBS becomes the newest of 101 financial institutions to adopt the ‘Equator Principles’, a globally recognised framework for determining, assessing and managing environment and social risk in project finance.

Sustainable Finance

MAS to Establish Singapore as a Leading Centre for Green Finance

By Manesh Samtani | 11/11/2019

Our goal is to be a leading centre for green finance in Asia and globally, said Singapore Minister for Education Ong Ye Kung at Singapore Fintech Festival x SWITCH 2019.

Climate Risk

New Zealand Consults on Mandatory Climate Risk Reporting

By Editors | 06/11/2019

The discussion document sets out a proposed mandatory regime which seeks to ensure that material risks and opportunities are routinely considered in business and investment decisions.

Reporting & Disclosures

Japan Hosts First-ever TCFD Summit

By Editors | 09/10/2019

Speaking at the Summit, BOE governor Mark Carney lauded Japan’s support for the TCFD, but said more needs to be done globally to enhance climate-related financial disclosures.

Climate Risk

BNM to Require FIs to Report Climate-related Exposures

By Editors | 02/10/2019

Malaysia’s central bank will use the reported data to set new regulatory standards that better reflect the risks from climate-related exposures.

Climate Risk

Climate Risk Resilience Vital for Financial Stability: S&P

By Manesh Samtani | 16/09/2019

Banks need to act now to minimise future climate-related costs and the impact on their creditworthiness, says a new report from S&P Global Ratings.

Climate Risk

ASIC Updates Guidance on Climate Risk Disclosures

By Editors | 13/08/2019

The new guidance describes climate change as a “systemic risk that could have a material impact on the future financial position, performance or prospects of entities”.

Reporting & Disclosures

HKIFA Announces New Roadmap Pushing ESG Agenda

By Manesh Samtani | 02/08/2019

The HKIFA is advocating for fund documents to only be delivered to investors digitally by default, increased use of cloud for record keeping, and greater alignment with international standards.