Sustainability & ESG

    ESG Data

    Japan FSA Forms Subcommittee to Address ESG Data Issues

    By Editors | 07/02/2022

    The subcommittee was formed to formalise discussions with ESG rating and data providers on addressing issues relating to data quality and reliability.

    Structural Regulation

    BOT Sets Out Plans for ‘New Financial Landscape’

    By Mark Johnston | 07/02/2022

    The BOT will introduce virtual bank licences, relax fintech investment limits for banks, promote open data, and establish TCFD aligned disclosure standards.

    Reporting & Disclosures

    PRI Calls for ISSB Prototype to go Further on Materiality

    By ESG Investor | 07/02/2022

    The PRI also recommends improvements with regard to interoperability, presentation of disclosure requirements and implementation.

    Reporting & Disclosures

    CDSB Consolidates into IFRS Foundation to Support ISSB

    By Editors | 06/02/2022

    The consolidation includes the transfer of CDSB staff and core intellectual property and technical assets to support the work of the ISSB.

    Sustainable Finance

    New IIGCC Net Zero Guidance for Private Equity Investors

    By ESG Investor | 04/02/2022

    The guidance outlines recommended scope, metrics and targets, and implementation actions investors can use when aligning PE assets with net zero ambitions.

    Sustainable Finance

    Tokyo Seeks Status as Asian Hub for Transition Finance

    By Editors | 04/02/2022

    Establishing Tokyo as a regional transition finance hub is part of a Kishida policy goal to create an “Asian zero-emission community”.

    Reporting & Disclosures

    ISSB Climate Standard Won’t Ignore Impact – IOSCO

    By ESG Investor | 03/02/2022

    Interoperability between reporting standards and across jurisdictions is key to establishing a global baseline, says IOSCO chair Ashley Alder.

    Structural Regulation

    Japan Considers Removing Quarterly Reporting Requirements

    By Editors | 02/02/2022

    A summary report setting out key considerations for the removal of quarterly reporting is expected to be released in the coming months.

    Capital Adequacy

    Preparatory Work to Implement Basel III is Progressing: HKMA

    By Editors | 01/02/2022

    The HKMA will submit legislative amendments in early 2023 to implement the Basel III final reforms, which will take effect from 1 July 2023.

    Reporting & Disclosures

    MAS to Issue New Anti-Greenwashing Rules for ESG Funds

    By Manesh Samtani | 31/01/2022

    Greenwashing poses a “real and present danger” to industry efforts to advance sustainability considerations in their investment processes.

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