Climate Risk

Sustainable Finance

CSRC to Develop Five Areas of Capital Market Activity

By Editors | 11/02/2025

New guidelines aim to promote investment in cutting-edge fields, and encourage more green products including futures and options.

Reporting & Disclosures

IFRS Foundation Publishes Guide on Using ISSB Transition Relief

By Thisanka Siripala | 06/02/2025

The guide explains which parts of IFRS S1 apply when a company is only reporting climate-related disclosures under IFRS S2

Climate Risk

US Treasury Announces Withdrawal from NGFS

By Nithya Subramanian | 31/01/2025

Treasury said the move aligns with the current administration’s policies of prioritising US interests in international environmental agreements and energy policy

Capital Adequacy

IAIS Sets Out Work Priorities in New 2025-2026 Roadmap

By Thisanka Siripala | 30/01/2025

Following the adoption of the Insurance Capital Standard at the end of 2024, the IAIS will shift focus to implementation and addressing risks in the industry.

Sustainable Finance

Malaysia’s JC3 Outlines 2025 Priorities for Building Climate Resilience

By Nithya Subramanian | 28/01/2025

The JC3 also published new guidance on the issuance of SRI-linked sukuk and sustainability-linked bonds.

Climate Risk

Bloomberg Philanthropies to Fund UN Climate Body After US Withdrawal

By Thisanka Siripala | 28/01/2025

Bloomberg Philanthropies and other US climate funders will fund the UNFCCC to offset the financial shortfall caused by the US withdrawal

Reporting & Disclosures

AFRC Assesses Readiness for Sustainability Reporting and Assurance

By Sanday Chongo Kabange | 28/01/2025

An increasing number of HK-listed entities are obtaining sustainability assurance, and more auditors are offering these services.

Capital Adequacy

HKMA Finalises Policy Manual on How Pillar 2 Capital is Determined

By Manesh Samtani | 27/01/2025

The HKMA will consider whether banks have taken into account material climate-related financial risks when determining Pillar 2 capital requirements.

Emerging Prudential Risks

FSB Publishes Work Programme for the Year Ahead

By Manesh Samtani | 25/01/2025

The work programme highlights digitalisation, climate change, and the shifting macroeconomic environment as key priorities