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Anti-Money Laundering
Australia Budget Offers Funding for AML, Scams, Cyber
By Manesh Samtani | 10/05/2023
Funding is provided to AUSTRAC, the Attorney-General’s Department, ASIC, the ACCC, and the launch of an SMS Sender ID Registry.

Reporting & Disclosures
New Zealand XRB Issues New Guidance on Climate-related Disclosures
By Editors | 08/05/2023
The guidance aims to support entities in preparing climate-related disclosures and to foster consistency through “clarity of understanding”.

Sustainable Finance
SEBI Enhances Disclosure Requirements for Transition Bonds
By Editors | 08/05/2023
Transition bonds were added to SEBI’s framework for green debt securities in February. The additional disclosures seek to ensure funds raised are not misallocated.

Nature & Biodiversity
World Bank Assesses Bank Exposures to Nature-related Physical Risk
By Editors | 08/05/2023
New paper provides high-level analysis that policymakers can use to induce a “transformative shift” towards nature-positive activities and production processes.

Climate Risk
Investors Welcome New Australian Net Zero Authority
By ESG Investor | 07/05/2023
The authority will co-ordinate decarbonisation opportunities across the economy, supporting efficient allocation in key sectors.

Credit Risk
Hong Kong Financial System Remains Resilient: IMF Staff
By Editors | 07/05/2023
IMF staff said credit risk will “likely continue to materialise”, and banks should properly recognise and provision for credit losses, including those from Mainland property exposures.

Sustainable Finance
LMA Publishes Model Provisions for Sustainability-linked Loans
By Editors | 07/05/2023
The model provisions provide a basic drafting framework to assist parties in the negotiation of documentation for sustainability-linked loans.

Nature & Biodiversity
Working Group Formed to Update Bank Guidance on Biodiversity
By Editors | 05/05/2023
The working group, co-led by Crédit Agricole SA, First Abu Dhabi Bank and UBS, will issue updated guidance for banks on setting and achieving biodiversity targets.

Reporting & Disclosures
ISSB Seeks Stakeholder Feedback on New Research Projects
By Editors | 05/05/2023
The ISSB is proposing to start work on three new sustainability-related research projects and a project researching integration in reporting.

Emerging Prudential Risks
ASEAN+3 Ministers Work to Bolster Regional Safety Net
By Editors | 04/05/2023
CMIM guidelines were updated to allow members to provide liquidity support in their own domestic currency and the local currencies of other members.
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