Sustainability & ESG

ESG Data

Hong Kong Launches Prototype ‘Green Fintech Map’

By Editors | 03/03/2024

The Map is a directory of more than 50 green fintech firms so far, intended to help firms identify solutions that meet their business needs.

Emerging Prudential Risks

BCBS to Consult on G-SIB Window-Dressing Next Month

By Editors | 01/03/2024

The BCBS also said it has approved revisions to the Core Principles for Effective Banking Supervision, which will be published in April.

Climate Risk

RBI Issues Draft Disclosure Framework for Climate Risk

By Ajoy K Das | 01/03/2024

Disclosures on governance, strategy and risk management will start from fiscal 2026, and on metrics and targets from fiscal 2028.

Sustainable Finance

China Publishes New Green Industry Guidance Catalog

By Editors | 29/02/2024

FIs are encouraged to provide financial support for domestic and Belt and Road projects or activities that meet the requirements of the Catalog.

Reporting & Disclosures

SG to Introduce Mandatory Climate Disclosures from FY 2025

By Nithya Subramanian | 29/02/2024

The requirements will be implemented in a phased manner starting with listed companies in 2025 and large non-listed companies two years later.

Nature & Biodiversity

FIs Asked to Declare Support for Ending Plastic Pollution

By ESG Investor | 29/02/2024

FIs are invited to sign a statement demonstrating support for an international legally binding instrument to end plastic pollution.

Reporting & Disclosures

ASIC Fines Melbourne Securities for Alleged Greenwashing

By Sanday Chongo Kabange | 28/02/2024

ASIC alleges that Melbourne Securities made misleading statements in its PDS regarding its Bloom Climate Impact Fund.

Credit Risk

HK Budget Promises Financial Sector Development, Boost for Property Market

By Manesh Samtani | 28/02/2024

Restrictions on property transactions removed. Property lending requirements eased. HK$100mn pledged to promote financial services.

Operational Risk

CROs in Asia-Pacific Concerned About Operational Resilience: Survey

By Nithya Subramanian | 28/02/2024

The latest findings by EY and IIF revealed that bank CROs are most worried about technology risk, a key driver of operational disruptions.