Sustainability & ESG

Sustainable Finance

GFANZ Adds Hong Kong Chapter to Net Zero Network

By ESG Investor | 31/08/2023

The Hong Kong Chapter will serve as an extension of GFANZ’s APAC Network, joining the Japan Chapter.

Climate Risk

HKMA Sets Out Transition Planning Principles for Banks

By Sanday Chongo Kabange | 30/08/2023

The HKMA will survey banks in Q4 on their transition planning practices, and consider these efforts in its supervisory review process.

Sustainable Finance

Carbon Credit Registry Launches in Singapore, Hong Kong

By Editors | 30/08/2023

The new carbon credit registry, launched by Singapore-based Asia Carbon Institute, is among the first for Asia.

Climate Risk

Navigating Legal and Regulatory Challenges in Carbon Markets

By Ranamita Chakraborty | 30/08/2023

Panellists at the Singapore Convention Week provided insights on addressing carbon market disputes that may arise as carbon markets play an increasingly key role in reducing global greenhouse gas emissions.

Reporting & Disclosures

Verra Releases Version 4.5 of the VCS Standard

By Editors | 30/08/2023

The changes to the Verified Carbon Standard Programme strengthen its usability, transparency, integrity, and alignment with other carbon markets initiatives.

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.