Sustainability & ESG

Climate Risk

CFTC Establishes New Dedicated Unit for Climate Risk

By Editors | 18/03/2021

Other US financial regulators including the SEC, Treasury Department and Federal Reserve have also recently raised climate risk and a key focus.

Trading & Investment

Hong Kong to Further Develop Structured Credit Markets

By Manesh Samtani | 17/03/2021

Structured credit products can help to raise green capital from international investors to support China’s transition to its 2060 carbon neutrality target.

Sustainable Finance

SZSE Launches Sci-Tech Innovation Bonds, Carbon-neutral Bonds

By Sanday Chongo Kabange | 16/03/2021

Sci-tech innovation bonds will be used to fund projects that support scientific and technological innovation. Carbon-neutral special bonds will fund low-carbon and emission reduction projects.

Sustainable Finance

ASEAN Capital Markets Forum Endorses Action Plan for 2021-2025

By Editors | 16/03/2021

The action plan focuses on the objectives of fostering growth with sustainability; promoting inclusiveness; and strengthening orderliness and resilience.

Climate Risk

APRA Outlines Next Steps in Key Climate-related Initiatives

By Sanday Chongo Kabange | 15/03/2021

APRA will consult on a draft prudential practice guide on climate change financial risk within H1. The first results of big banks’ climate vulnerability assessments will be ready by Q4.

Reporting & Disclosures

Global ESG Investing Qualification Launched by CFA Institute

By ESG Investor | 15/03/2021

Originally created by the CFA Society of the UK, the Certificate in ESG Investing will now be made available in financial hubs globally.

Reporting & Disclosures

GFIT Taxonomy Should Recognise Efforts to Become Greener

By Manesh Samtani | 14/03/2021

The Japanese Bankers Association says the taxonomy should support not only ‘pure green’ activities and technologies, but also efforts to ‘become green/greener’.

Sustainable Finance

OJK Signs Cooperation Agreements With AMDB, OECD

By Sanday Chongo Kabange | 13/03/2021

The agreement with AMDB will enhance cooperation including in the supervision of financial institutions in Indonesia and Brunei.

KYC & CDD

SWIFT Embeds ESG Due Diligence in KYC Registry

By Editors | 11/03/2021

The integration of the ICC’s Guidelines into SWIFT’s KYC Registry allows corporates to only complete and update a single form to provide ESG information to different banking partners.