Sustainability & ESG

    Sustainable Finance

    Australian Banks Face Backlash for Refusal to Finance Coal, Mining

    By Ranamita Chakraborty | 06/05/2021

    Small business ombudsman Bruce Billson is seeking powers to compel banks to “show cause” for decisions to refuse services to companies.

    Climate Risk

    New Zealand Launches First Carbon Efficient Indices

    By Editors | 05/05/2021

    All S&P/NZX 50 companies are covered in the new indices. Constituent weights will be adjusted based on carbon intensity and emissions performance.

    Sustainable Finance

    HKMA Issues Guideline on Green & Sustainable Finance Grant Scheme

    By Editors | 05/05/2021

    The grant amount for each bond issue will be half of the eligible expenses, capped at HK$2.5mn for rated bonds and HK$1.25mn  for unrated bonds.

    Climate Risk

    BNM Finalises ‘Climate Change and Principle-based Taxonomy’

    By Manesh Samtani | 03/05/2021

    The document introduces a progressive system of transition categories to acknowledge concrete efforts and commitments by businesses to adopt sustainable practices.

    Emerging Prudential Risks

    APRA Chair Outlines Initiatives to Financial Sector Risks

    By Sanday Chongo Kabange | 03/05/2021

    APRA is piloting a risk culture survey, independent cyber security reviews, and a new data collection exercise on technology and cyber risks.

    Sustainable Finance

    Australia Seeks Partners to Help Develop Carbon Exchange

    By Editors | 02/05/2021

    Australia’s Clean Energy Regulator is seeking a partner or partners to facilitate the emergence of an exchange-traded market for carbon offset units.

    Reporting & Disclosures

    IFRS Foundation Consults on Revisions to Constitution

    By Editors | 02/05/2021

    The proposed amendments expand the Foundation’s objectives and set out the structure and function of the new International Sustainability Standards Board.

    Sustainable Finance

    ICBC, Bank of China Approved to Invest in National Green Fund

    By Editors | 01/05/2021

    The ‘National Green Development Fund’ was launched in July 2020 to spearhead investments in green projects and sustainable development.

    Structural Regulation

    RBNZ, RBA, Bank of Canada Form Network to Foster Indigenous Inclusion

    By Ranamita Chakraborty | 01/05/2021

    Other central banks are encouraged to join the network, which will serve as a community of practice to share knowledge and foster indigenous inclusion.

    Sustainable Finance

    LuxSE Displays First Sustainability Bond from Thailand on LGX

    By Sanday Chongo Kabange | 30/04/2021

    Thailand opted to list the sustainability bond on the Luxembourg Green Exchange to strengthen access to the international investor community.

    JOIN OUR NEWSLETTER

    An exclusive weekly selection of top stories from the Regulation Asia editorial team.