Sustainability & ESG

Climate Risk

G20 Endorses Use of Carbon Pricing Mechanisms, Incentives

By Manesh Samtani | 12/07/2021

The use of carbon pricing mechanisms and incentives was included in the G20 communique among the set of tools to facilitate the transition to a more sustainable economy.

Emerging Prudential Risks

The Resilience Imperative: Succeeding in Uncertain Times

By Gabriele Vigo | 11/07/2021

Strengthening financial institutions’ resilience has never been more important, say Gabriele Vigo and Olivia White at McKinsey.

Reporting & Disclosures

Taiwan FSC Tightens Rules for ESG-themed Funds

By Sanday Chongo Kabange | 08/07/2021

Asset managers are required to set one sustainability goal and explain how their investments help achieve that goal.

Climate Risk

FSB Urges Greater Coordination on Climate-related Risks

By Manesh Samtani | 07/07/2021

The interconnected nature of climate-related financial risks and the growing body of work to address them reinforce the need for coordinated action, the FSB says.

Sustainable Finance

JBA Chairman Warns Against Divesting From ‘Brown’ Companies

By Ranamita Chakraborty | 06/07/2021

JBA chairman Makoto Takashima says stopping funding for “brown” companies could choke off investment necessary to achieve carbon neutrality.

Structural Regulation

SFC Sets Out Key Priorities in Annual Report

By Manesh Samtani | 03/07/2021

The SFC is implementing a number of projects that seek to leverage new technologies to enhance risk detection and workflow efficiency.

Reporting & Disclosures

CSRC Includes Carbon Emissions in Revised Disclosure Rules

By Editors | 02/07/2021

Listed companies are required to disclose carbon emissions and environmental impacts, and voluntarily disclose measures to reduce carbon emissions.

Reporting & Disclosures

IOSCO Proposes Sustainability-related Rules for Fund Managers

By Editors | 01/07/2021

Recommendations for securities regulators cover asset manager practices, product disclosure, supervision and enforcement, terminology, and investor education.

Reporting & Disclosures

Consortium Proposes to Create Impact Reporting Rules for Banks

By Editors | 01/07/2021

Harvard Business School, Impact Institute, ABN AMRO, Danske Bank, DBS and UBS aim to create new social and environmental impact reporting rules for banks.