Sustainability & ESG

Sustainable Finance

GFANZ APAC Network Consults on Coal Phase-Out Guidance

By Ranamita Chakraborty | 06/06/2023

DBS and HSBC led the development of the guidance, which outlines practical steps financial institutions can take to support coal phaseout transactions.

Reporting & Disclosures

EU Watchdogs Settle on Greenwashing Definition

By ESG Investor | 06/06/2023

The EBA, EIOPA and ESMA have put forward a common high-level definition of greenwashing applicable to banking, insurance and pensions and financial markets.

Emerging Prudential Risks

CFTC Proposes Rule Update to Account for Crypto and Cyber Risks

By Editors | 05/06/2023

The CFTC is considering requiring firms to update their risk management frameworks to account for related to crypto, AI, cyber, and climate.

Reporting & Disclosures

EU to Include Finance Sector in Due Diligence Rules

By ESG Investor | 04/06/2023

New legislation will impose environmental and human rights due diligence obligations on both financial and non-financial companies.

Sustainable Finance

Hong Kong Raises Record $6b in Latest Green Bond Offering

By Editors | 04/06/2023

The green bonds were five times oversubscribed and will be listed on both the Hong Kong and London stock exchanges on 7 June.

Sustainable Finance

GFANZ Putting Pressure on APAC Oil and Gas Sector

By ESG Investor | 02/06/2023

New report from IEEFA says APAC’s oil and gas sector will increasingly struggle to secure fundraising from GFANZ member institutions.

Climate Risk

IIF, WTW Explore Metrics for Quantifying Transition Risk

By Mark Johnston | 02/06/2023

The report says emissions-based metrics do not provide a comprehensive indication of a company’s overall exposure to transition risk.

Climate Risk

NGFS to Develop Transition Planning Standards for Supervisors

By Ranamita Chakraborty | 02/06/2023

MAS head Ravi Menon, who chairs the NGFS, said guidance on transition planning will be produced to help supervisors set expectations for FIs.

AI Risk & Governance

Leading Regtech Firms Announced as Winners at Pitch! Regtech

By Editors | 01/06/2023

Judges selected Aboitiz Data Innovation, HAWK:AI, Synpulse, and Rimm Sustainability as the winners at Regulation Asia’s inaugural Pitch! Regtech event.