Sustainability & ESG

Sustainable Finance

IIF Calls for Global Alignment of Sustainability Efforts

By Editors | 06/03/2020

The IIF paper says fragmentation around climate risk assessment has emerged in the areas of prudential regulation and supervision, market and conduct regulation, taxonomy and disclosure.

Sustainable Finance

ASIFMA Calls for Global Coordination of Sustainability Efforts

By Manesh Samtani | 03/03/2020

Fragmented approaches to sustainable finance may ultimately undermine the development of sustainable finance through increased complexity and lack of coordination.

Emerging Prudential Risks

BIS Seeks Integration of Climate Risk in Prudential Framework

By Manesh Samtani | 01/03/2020

At a recent BIS meeting, participants discussed how existing risk management requirements for banks and insurers could be adjusted to capture climate risk exposures.

Reporting & Disclosures

Thailand SEC Sets Out Three Year Strategic Plan for Capital Market

By Editors | 28/02/2020

The strategic plan includes greater integration of ESG factors in the market, enhancing SME and startup access to capital, promoting the use of digital and e-KYC technologies, among others.

Trading & Investment

Hong Kong Announces Budget Initiatives to Boost Financial Sector

By Manesh Samtani | 26/02/2020

The initiatives include a waiver on stamp duties paid by ETF market makers, tax concessions for private equity funds, and planned enhancements to Hong Kong’s AML/CTF regime.

Climate Risk

APRA to Develop Climate Risk Guidance, Assess ADI Vulnerability

By Editors | 25/02/2020

APRA will develop guidance on climate change financial risk, conduct a vulnerability assessment of ADIs, and include ESG in superannuation investment governance guidance.

Structural Regulation

SFC Highlights Key Regulatory Initiatives in Quarterly Report

By Editors | 25/02/2020

Among the initiatives were the launch of the new OFC regime for private fund managers, a regulatory framework for virtual assets, and enhancements to the investor compensation regime.

Sustainable Finance

ICMA Publishes Compendium of Global Sustainable Finance Initiatives

By Editors | 24/02/2020

Key international initiatives identified are the Equator Principles, the FSB TCFD Recommendations, the G20 Sustainable Finance Study Group, the NGFS, and the UN SDGs.

Sustainable Finance

China Likely To Push Asset Owners To Embrace ESG

By AsianInvestor | 21/02/2020

Beijing will likely require asset owners play a bigger role in ESG investing as part of broader sustainability plans when it announces its five-year plan later this year, according to KPMG.