Sustainability & ESG

Reporting & Disclosures

ISSB Consults on Proposed Taxonomy for IFRS Sustainability Standards

By Ranamita Chakraborty | 28/07/2023

The board intends to release the final digital taxonomy in early 2024, considering the feedback they receive.

Cloud & Infrastructure

HKMA to Collaborate With Saudi Central Bank on Market Connectivity

By Sanday Chongo Kabange | 28/07/2023

The two central banks will also collaborate on financial infrastructure development, sustainable development and fintech.

Structural Regulation

Monitoring Group Progresses Work to Enhance Standard-Setting System

By Editors | 27/07/2023

Monitoring Group comments on key advances in enhancing standards on international audit, assurance, ethics, and independence.

Climate Risk

Climate-related Litigation More Than Doubles in Five Years

By Editors | 27/07/2023

Approximately 2,180 climate-related lawsuits were filed in 2022, compared to just 884 cases recorded in 2017.

Conduct, Culture & Accountability

Publicly Traded Companies Globally Fall Short in Codes of Conduct: Study

By Ranamita Chakraborty | 27/07/2023

LRN’s study on 200 top-traded companies in Asia, Europe and North America found that only 17 percent of them had highly effective codes of conduct.

Trading & Investment

HKEX, IDX Sign MoU to Explore Cross-Market Listings

By Editors | 26/07/2023

HKEX and IDX will look to collaborate on cross-border listings, joint product development and ESG initiatives.

Climate Risk

RBI to Issue Guidance on Climate-related Credit Risks for Banks

By Mark Johnston | 26/07/2023

The RBI is also working on a disclosure framework for climate-related financial risks and guidance on climate scenario analysis.

Reporting & Disclosures

Malaysia Proposes Simplified ESG Disclosure Guide

By Ranamita Chakraborty | 26/07/2023

A proposed simplified ESG disclosure guide set to be launched in November this year will align with major global frameworks and reporting standards, including the GRI and ISSB.

Reporting & Disclosures

ASIC Lodges Court Action Against Vanguard for Alleged Greenwashing

By Editors | 26/07/2023

ASIC said Vanguard falsely claimed the index it used excluded issuers with significant business activities involving fossil fuels.