Sustainability & ESG

Emerging Prudential Risks

APRA to Develop Cross-Industry Stress-Testing Framework

By Sanday Chongo Kabange | 30/08/2023

APRA will explore how shocks may be mitigated or propagated by interactions between banking, insurance, and superannuation.

Sustainable Finance

CIX’s Larsen Sees Case For Regulating Carbon Credits

By Jill Wong | 30/08/2023

Mikkel Larsen, Singapore-based CEO of Climate Impact X (CIX), talks to Regulation Asia about greenwashing and the scope for regulating the carbon credit market.

Supervision & Enforcement

ASIC’s New 4-Year Plan Highlights Heavy Enforcement Focus

By Editors | 29/08/2023

ASIC will target scams, digitally-enabled misconduct, predatory lending, and greenwashing, while also “closely monitoring” the use of AI.

AI Risk & Governance

Digital Technologies, Sustainability Key Areas for Dispute Resolution

By Jill Wong | 29/08/2023

The Singapore Convention Week, jointly organised by Singapore’s Ministry of Law and UNCITRAL, kicks off today (29 August) with discussions around digital technologies and sustainability.

Climate Risk

IAIS Asks ISSB to Maintain Climate Focus

By ESG Investor | 27/08/2023

The IAIS said ensuring effective implementation of the climate standard is “more important than moving into new areas”.

Sustainable Finance

Indonesia’s OJK Issues New Rules for Carbon Trading

By Editors | 26/08/2023

The rules set out how OJK will supervise carbon trading ahead of the planned launch of Indonesia’s first carbon exchange by end-September.

Nature & Biodiversity

185 Countries Launch Global Biodiversity Framework Fund

By Editors | 25/08/2023

Canada and the UK are together providing about $160mn in seed money to set up the fund, which was first agreed in December 2022.

Climate Risk

IGCC Devises Climate Resilience Strategy

By ESG Investor | 25/08/2023

Adaptation themes will be incorporated into IGCC’s workstreams to drive investment in climate resilience across Australia and New Zealand.

Climate Risk

Singapore, Sri Lanka Forge Partnership to Develop Carbon Credit Agreement

By Ranamita Chakraborty | 24/08/2023

Under the agreement, Singapore’s carbon tax-liable companies can purchase carbon credits from eligible projects to offset up to 5 percent of their taxable emissions.