Sustainability & ESG

    Sustainable Finance

    SC Malaysia Launches New Framework for SRI-Linked Sukuk

    By Editors | 02/07/2022

    Issuers can use SRI-linked sukuk proceeds for general purpose, subject to their commitments to future improvements for sustainability outcomes within a predefined timeline.

    Structural Regulation

    GFXC Launches New Tool to Drive Adoption of FX Global Code

    By Editors | 01/07/2022

    The new web-based prototype tool will reduce the barriers to signing the Code and encourage adoption by more buy-side firms.

    Climate Risk

    HKMA to Integrate Climate Risk in Supervisory Processes

    By Editors | 01/07/2022

    Climate risk management will be a standing item in annual prudential meetings with banks. The CAMEL rating framework will be updated.

    Sustainable Finance

    Shanghai Approves Regulations to Promote Green Finance Development

    By Darien Choong | 30/06/2022

    The regulations, effective on 1 July, will support the establishment of evaluation, identification and classification standards for green finance products and projects.

    Emerging Prudential Risks

    SFC Reviewing Market Practices to Guard Against Risk

    By Manesh Samtani | 30/06/2022

    Reviews underway cover concentration risk in OTC derivatives markets, risk management at futures brokers, and block trading practices.

    Sustainable Finance

    ICMA Issues KPI Registry for Sustainability-Linked Bonds

    By ESG Investor | 30/06/2022

    ICMA has also updated its guidance and introduced clarifications to support growth of the sustainable bond market.

    Climate Risk

    Malaysia Regulators Publish TCFD Adoption Guide for FIs

    By Editors | 30/06/2022

    All local and foreign FIs are expected to adopt the basic recommendations set out in the application guide within a recommended timeframe of 24 months.

    Nature & Biodiversity

    TNFD Unveils Metrics Architecture in Second Beta Framework

    By ESG Investor | 30/06/2022

    There are due to be two further beta drafts to be launched ahead of the final framework’s planned publication in September 2023.

    Sustainable Finance

    G7 Announces Initiative to Counter Belt and Road Initiative

    By Editors | 28/06/2022

    The US plans to contribute USD 200 billion to the new initiative, while the rest of the G7 will contribute another USD 400 billion.

    ESG Data

    ESG Ratings Providers Fall Short on Transparency – ESMA

    By ESG Investor | 27/06/2022

    There are 59 ESG ratings providers active in the EU, ESMA said in a letter to the European Commission.

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