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Reporting on regulatory responses, risk management practices, and financial impacts of climate-related risks, including physical and transitional risks.
Sustainable Finance
Australian Financial Sector Teams Up on Climate Initiative – Report
By Editors | 30/03/2019
Overseen by APRA, a group of industry players – including the big four banks – are looking to reshape the financial system to ensure readiness for climate risks.
Climate Risk
FIs Should Consider Climate in Risk Management Frameworks – APRA
By Editors | 25/03/2019
Australia’s banking regulator will enhance its scrutiny on how banks, insurers and super funds are mitigating climate-related risks to their businesses.
Climate Risk
Climate Change Poses Financial Stability Risk – RBA
By Editors | 14/03/2019
Financial stability could be put at risk from the physical impact of climate change and “an abrupt disorderly transition” to a low-carbon economy.
Reporting & Disclosures
BSP, World Bank Unit Ink Agreement on Bank ESG
By Samuel Riding | 31/05/2017
Banking regulator, International Finance Corporation to develop new governance and risk management assessment tools.
Emerging Prudential Risks
FSB Chief Urges Continuation of Reform
By Samuel Riding | 20/03/2017
But Mark Carney suggests body will investigate ‘unintended consequences’ of regulation.
Climate Risk
APRA Moots Climate-change Stress Tests
By Samuel Riding | 17/02/2017
Executive board member says climate change now has ‘potential system-wide implications’.
Reporting & Disclosures
Former SGX Head of Regulation Joins FSB Taskforce
By Samuel Riding | 22/01/2016
Yeo Lian Sim appointed to taskforce on climate-related financial disclosures.
Sustainable Finance
Indonesia to Introduce Green Financing Rules
By Samuel Riding | 24/11/2015
Financial services authority aims to curb bank lending to industries that damage the environment.
Sustainable Finance
S. Korea Pledges US$600 Million for Asian Infrastructure Projects
By Editors | 25/05/2015
South Korea will provide US$600 million in soft loans for major development projects in Asia over the next three years following a deal signed with the Asian Development Bank (ADB).
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