Sustainability & ESG

    Reporting & Disclosures

    Mandatory Disclosure Needed to Address “Persistent” GHG Reporting Gap

    By ESG Investor | 09/05/2022

    FTSE Russell paper reveals wide variations across countries, sectors and company size for Scope 1 and 2 emissions.

    Credit Risk

    Human Rights Abuses Prompt Review of Cambodian Microloans

    By Editors | 07/05/2022

    Ombudsman agrees to review complaint from Cambodian NGOs alleging IFC funding contributed to human rights abuses in microfinance lending.

    Reporting & Disclosures

    UK Regulator Accuses HSBC of Greenwashing Through Advertising

    By Editors | 04/05/2022

    The UK’s advertising watchdog says HSBC misled customers by selectively promoting its green initiatives without mentioning its continued financing of fossil fuel businesses.

    Reporting & Disclosures

    EFRAG Consults on European Sustainability Reporting Standards

    By ESG Investor | 03/05/2022

    The double materiality-based standards are designed to underpin the EU’s Corporate Sustainability Reporting Directive.

    Trading & Investment

    CSRC Launches Campaign to Expand Public Funds Market

    By Manesh Samtani | 03/05/2022

    Banks, insurers, brokers and foreign FIs are urged to establish licensed fund management companies. Fund investment channels will be expanded and operational rules relaxed.

    Reporting & Disclosures

    HKEX Launches Public Repository on Issuer Board Diversity

    By Editors | 30/04/2022

    The centralised platform will make available data regarding each listed company’s board of directors – by age, gender and years of tenure.

    Reporting & Disclosures

    Asset Managers Report EU Taxonomy Teething Problems

    By ESG Investor | 30/04/2022

    A new PRI report outlines recommendations to ensure clarity and ease the reporting process.

    Climate Risk

    FSB Issues Guidance for Regulators on Climate-related Risks

    By Editors | 29/04/2022

    The report offers recommendations for monitoring, managing and mitigating climate-related risks to promote consistent approaches across sectors and jurisdictions.

    Sustainable Finance

    HKMA Launches New Initiative to Address Banking Talent Gap

    By Editors | 29/04/2022

    The initiative is aimed at growing the banking sector talent pool in three areas, namely fintech, green and sustainable finance, and GBA business.

    Sustainable Finance

    Taiwan Adopts Equator Principles in Credit Guidelines for Banks

    By Darien Choong | 29/04/2022

    The move is aimed at standardising the key principles banks follow when handling large-scale project financing cases involving environmental and social risks.

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