Sustainability & ESG

Climate Risk

Munich Re Exits Net-Zero Insurance Alliance

By ESG Investor | 04/04/2023

CEO Joachim Wenning said the pursuit of decarbonisation goals in a collective approach among insurers presents antitrust risks.

Alternative Markets

Hong Kong Exchange Lists First Ever Catastrophe Bond

By Editors | 03/04/2023

The $350mn catastrophe bond offers protection against losses related to earthquake risks in Chile over the next three years.

Fraud, Scams & Cybercrime

IOSCO Issues Final Guidance on Mitigating Risks to Retail Investors

By Manesh Samtani | 31/03/2023

IOSCO offers a comprehensive toolkit of measures for regulators to consider when addressing crypto scams, greenwashing and other forms of retail misconduct.

Capital Adequacy

FSB to Develop and Run Global Bank Stress Test

By Manesh Samtani | 31/03/2023

The FSB’s work programme for 2023 includes plans to develop and run a global bank stress test in cooperation with the BCBS.

Reporting & Disclosures

Taiwan to Require Listed Companies to Have Female Directors

By Editors | 31/03/2023

The requirement to appoint female directors is part of efforts to improve corporate governance culture among listed companies in Taiwan.

ESG Data

UK Consults on Regulatory Regime for ESG Ratings

By Editors | 31/03/2023

The consultation proposes to introduce legislation to amend and expand the FCA’s regulatory perimeter to include ESG ratings.

Sustainable Finance

UK Aims to End Uncertainty on Fiduciary Duty

By ESG Investor | 30/03/2023

Green Finance Strategy outlines the government’s plans to align the finance sector with its net zero commitments.

Reporting & Disclosures

“Clear Direction” on ESG in New Guidance for Australian Super Funds

By ESG Investor | 29/03/2023

APRA has cemented the importance of ESG in its guidance for superannuation funds on investment governance but needs to be clearer on terminology.

Reporting & Disclosures

UK FCA Delays Sustainability Disclosure Requirements

By ESG Investor | 29/03/2023

The requirements were set to come into force on 30 June, with labelling and disclosure reforms slated for 2024. These proposed dates will be adjusted.