Sustainability & ESG

Sustainable Finance

Bangko Sentral’s ‘Deliberate Approach’ to Sustainable Finance

By Mark Johnston | 14/12/2021

Deputy governor Chuchi Fonacier explains the BSP’s policy approach to sustainability, highlighting the central bank’s role as an ‘enabler’, ‘mobiliser’ and ‘doer’.

Reporting & Disclosures

Thai SEC Consults on Disclosure Guidance for SRI Funds

By Editors | 13/12/2021

Disclosures should include an investment strategy that details the securities analysis and selection process and investment benchmarks used.

Conduct, Culture & Accountability

HK Bourse Finalises New Rules on Governance, Board Diversity

By Editors | 13/12/2021

Amended corporate governance code and listing rules will require firms to ensure board independence, refreshment, and diversity from 1 January 2022.

Climate Risk

Malaysia to Introduce Mandatory TCFD-aligned Disclosures for FIs

By Editors | 13/12/2021

Guidance on climate risk management, scenario analysis and disclosures will be issued for consultation. Specialised training will be introduced in 2022.

CBDCs

PBOC Reiterates Commitment to Hong Kong Financial Centre

By Sanday Chongo Kabange | 13/12/2021

Key areas of collaboration to enhance Hong Kong’s roles as an international financial centre include CBDC, regtech, green finance development.

Sustainable Finance

Japan Unlikely to Issue Sovereign ESG Bonds in the Near Future

By Sanday Chongo Kabange | 13/12/2021

Issuing ESG bonds separately from conventional JGBs could make the process of borrowing money less efficient, said finance ministry official Masato Kanda.

Capital Adequacy

ISDA Named Industry Association of the Year

By Editors | 10/12/2021

ISDA was recognised for its work on LIBOR transition, initial margin compliance, Basel III benchmarking, digitisation initiatives, a new digital documentation platform, and ESG standards.

Reporting & Disclosures

Synpulse Recognised for Work to Address Regulatory Challenges

By Editors | 10/12/2021

Synpulse helped clients with ESG gap assessments, periodic KYC review enhancements, and a data management framework uplift project, among others.

Anti-Money Laundering

PwC Awarded Consulting Firm of the Year

By Editors | 10/12/2021

PwC was recognised for its work in four core areas – risk and regulatory reporting, financial risk management, financial crime compliance and risk mitigation, and cyber and forensics.