Sustainability & ESG

Trading & Investment

SFC to Further Enhance Market Connectivity With Mainland

By Manesh Samtani | 28/06/2023

SFC chief Julia Leung said at an ASIFMA event that new Mainland-based derivatives contracts will be launched in Hong Kong.

ESG Data

MAS Proposes Industry Code for ESG Data Providers

By Editors | 28/06/2023

The code establishes industry standards of transparency in methodologies and data sources, governance, and conflicts of interest management.

Cloud & Infrastructure

Malaysia SC Launches New Initiative to Boost Islamic Fintech

By Sanday Chongo Kabange | 28/06/2023

The ‘FIKRA ACE’ initiative consists of an accelerator programmme, a networking platform, and a platform for collaborations.

Reporting & Disclosures

MAS-SGX-CDSC Partnership to Expand Access to Climate Transition Data

By Ranamita Chakraborty | 28/06/2023

Work is scheduled to start in Q1 2024, with the goal of integrating MAS’ Project Greenprint’s ESGenome disclosure portal and CDSC’s Net-Zero Data Public Utility global repository of climate transition-related data.

Reporting & Disclosures

Australia Issues Second Consultation on Climate Disclosures

By Ranamita Chakraborty | 28/06/2023

The Australian government is looking to enforce mandatory climate-related reporting obligations for the country’s largest companies and financial institutions starting from 1 July 2024.

ESG Data

EU ESG Ratings Rules Risk Regulatory Fragmentation

By ESG Investor | 28/06/2023

Proposed framework aims to tackle conflict of interest concerns, but fails to address “quality of raw ESG data”.

Sustainable Finance

Hong Kong Forms New Committee to Advance Green Agenda

By Sanday Chongo Kabange | 27/06/2023

The committee will advance Hong Kong’s green technology and finance ambitions and enhance cooperation with GBA cities.

Reporting & Disclosures

ISSB Introduces First-ever Global Sustainability Disclosure Standards

By Ranamita Chakraborty | 27/06/2023

The independent board established by the IFRS will create a transition implementation group to support companies that apply the standards.

Sustainable Finance

Global Leaders Call for Immediate Action on VCM Standards

By Editors | 26/06/2023

Coalescing around standards being developed by ICVCM and VCMI was deemed essential for the efficient operation of VCMs.