Sustainability & ESG

    Reporting & Disclosures

    Taiwan FSC Revises Guidelines on Financial Industry Disclosures

    By Darien Choong | 04/01/2022

    The amendments will enhance disclosures on environmental and social issues, board diversity and independence, and information security policies and risks.

    Sustainable Finance

    PBOC Disburses First Loans to Fund Emission Reduction Projects

    By Editors | 04/01/2022

    CNY 85.5 billion was distributed under a lending facility that allows banks to apply for cheap funding to lend out to businesses for emission reduction projects.

    Reporting & Disclosures

    China to Require Mandatory Disclosure of Environmental Information

    By Darien Choong | 04/01/2022

    New rules taking effect in February will require companies to compile annual environmental information disclosure reports for submission by 15 March of each year.

    Sustainable Finance

    CCB Issues First Green Bond Under Common Ground Taxonomy

    By Editors | 03/01/2022

    $500mn worth of floating rate senior green notes were issued by China Construction Bank’s Macau branch using the China-EU Common Ground Taxonomy.

    Operational Risk

    Taiwan FSC Reveals Focus Areas of 2022 Inspections

    By Editors | 03/01/2022

    The 7 core focus areas include consumer protection, real estate credit, information security, conflicts of interest, and green finance.

    Climate Risk

    HKMA Unveils Results of Climate Risk Stress Tests

    By Manesh Samtani | 03/01/2022

    The HKMA has also finalised its guidance on climate risk management, giving banks until end-2022 to implement the new measures.

    Payments & Settlements

    Malaysia, Thailand Launch Phase 2 of QR Payments Linkage

    By Editors | 02/01/2022

    Cross-border instant QR payments are now available for travellers between Malaysia and Thailand, including for online e-commerce transactions.

    Sustainable Finance

    BOJ Disburses First Loans to FIs to Fund Green Finance Activities

    By Ranamita Chakraborty | 02/01/2022

    $18bn worth of loans were disbursed under a new measure that enables FIs to receive zero-interest funds from the central bank against efforts to address climate change.

    Trading & Investment

    MAS Unveils Initiatives to Open Access to China ETFs, Bonds

    By Editors | 29/12/2021

    SGX and SZSE have signed an MoU to establish an ‘ETF Connect’ mechanism. SGX is also in discussions with CFETS to establish bond market connectivity.

    Emerging Prudential Risks

    FSC Korea Sets Out Work Programme for 2022

    By Mark Johnston | 29/12/2021

    The work plan focuses on measures to maintain financial stability, reduce debt risks, promote financial innovation, and enhance the FSC’s rules on network security.

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