Sustainability & ESG

Sustainable Finance

Climate Finance Held Back by VCM Participation Barriers – Report

By Manesh Samtani | 26/03/2024

Companies say they would substantially boost their investments in decarbonisation if purchases of carbon credits were recognised and incentived by standard-setters.

Reporting & Disclosures

Hong Kong Reinforces Commitment to ISSB-aligned Sustainability Disclosures

By Editors | 26/03/2024

The HKICPA will lead the work to develop local sustainability reporting standards along with complementary application and implementation guidance.

Emerging Prudential Risks

RBNZ Finalises New Guidance on Managing Climate Risk

By Editors | 26/03/2024

Accounting for consultative feedback, the guidance includes more examples, reduces overlaps with other guidance, and draws more links to existing parts of the prudential regime.

Emerging Prudential Risks

China Issues New Supervisory Ratings Framework for Insurers

By Mark Johnston | 23/03/2024

Insurers that offer green insurance or inclusive insurance will be awarded special bonus points to acknowledge ESG performance.

Structural Regulation

EU, China Hold Inaugural Meeting of New Working Group

By Mark Johnston | 22/03/2024

Regulators from both sides discussed AML, supervisory cooperation, sustainable finance, capital markets, cross-border data transfers, payments, and CCP equivalence.

Climate Risk

IAIS Launches Third Public Consultation on Climate Risk

By Editors | 22/03/2024

The consultation addresses issues relating to corporate governance, risk management and internal controls, valuation, investment policy and enterprise risk management.

Sustainable Finance

Hong Kong Progresses Work to Expand Green Bond Programme

By Manesh Samtani | 21/03/2024

A new Infrastructure Bond Programme will be established and the Government Green Bond Scheme will be expanded and renamed to cover sustainable projects.

Sustainable Finance

FSC Korea Unveils New Set of Measures to Boost Climate Finance

By Mark Johnston | 21/03/2024

FIs will channel KRW 452 trillion into climate initiatives and the Ministry of Environment will take additional steps to promote green investment.

Reporting & Disclosures

ACMF Progresses Work on Sustainable Capital Markets Roadmap

By Ranamita Chakraborty | 20/03/2024

About 90% of the Roadmap will be complete within this year. A key achievement has been the development of Version 2 of the ASEAN Taxonomy for Sustainable Finance.