Sustainability & ESG

Climate Risk

Asset Managers Need to Collaborate on Risk, Compliance – IA

By ESG Investor | 15/07/2022

New report from the Investment Association and Deloitte offers recommendations for asset managers on net zero transition.

Sustainable Finance

Thailand SEC Launches ‘SDG Investor Map’

By Editors | 15/07/2022

The SEC says the SDG Investor Map will promote the capital market as a mechanism for driving Thailand towards the UN SDGs.

ESG Data

TNFD Launches ‘Data Catalyst’ to Support Nature Disclosures 

By ESG Investor | 15/07/2022

New initiative aims to bring together parties across the nature-related data landscape to respond to gaps and challenges.

Climate Risk

Encouraging Progress on Climate Risk Roadmap: FSB

By Editors | 15/07/2022

The FSB has published its first annual stocktake on progress to address climate-related financial risks since the release of its roadmap last July.

Emerging Prudential Risks

FSB Updates G20 on Covid-19, Climate, Crypto Work

By Editors | 13/07/2022

Accompanying the letter to the G20 is a report on exit strategies to address COVID-19 scarring in the financial sector, and a statement on crypto-asset regulation.

Sustainable Finance

Taiwan Calls on Insurers to Invest in Six Strategic Industries

By Darien Choong | 12/07/2022

Four insurers will be awarded incentives based on their investment performance in each of three phases running until 30 June 2025.

Reporting & Disclosures

Bangladesh Infrastructure Loans to Require E&S Assessments

By Editors | 11/07/2022

Environmental and social impact assessments will have to be arranged by borrowers and submitted with their loan applications.

Climate Risk

ECB Climate Stress Test Finds Bank Practices Lacking

By Editors | 11/07/2022

60% of banks don’t have a climate risk stress testing framework. Only 20% of banks consider climate risk when granting loans.

KYC & CDD

Taiwan to Streamline Identity Checks for Cross-border Remittances

By Darien Choong | 10/07/2022

The customer identity verification process for regular and reasonable cross border remittances can be further streamlined, the FSC said.