Sustainability & ESG

Climate Risk

BNM Publishes Draft Taxonomy to Help FIs Classify Climate Risks

By Editors | 02/01/2020

Supervised institutions are expected to integrate climate-related risks and considerations into their business strategies and risk management practices, BNM says.

Reporting & Disclosures

Japan Solicits Feedback on Revised Stewardship Code

By Editors | 24/12/2019

The changes add expectations that sustainability issues will be considered in the investment process, and introduce expectations for service providers.

Climate Risk

HKEX to Include Climate Risk Disclosures in ESG Framework

By Manesh Samtani | 19/12/2019

Listed companies will have to disclose climate-related issues on a ‘comply or explain’ basis, HKEX said in its conclusions from a May consultation to update its ESG reporting framework

Reporting & Disclosures

Asset Managers Looking to Boost ESG, Climate Efforts: SFC

By Manesh Samtani | 17/12/2019

There is significant interest among asset management firms to step up their ESG efforts and management of environmental and climate risks, an SFC survey has found.

Climate Risk

NZX, EEX to Jointly Pursue Carbon Market Opportunities

By Editors | 12/12/2019

NZX believes that the transparency and security of a regulated market like the European Energy Exchange will add value to the existing carbon market in New Zealand.

Structural Regulation

KRX to Simplify KOSDAQ Listing Requirements Next Year

By Editors | 12/12/2019

Korea Exchange plans to reform the listing requirements of the KOSDAQ market by shifting the focus to the future growth potential of companies.

Reporting & Disclosures

Japan to Revise Stewardship Code to Include ESG Factors

By Editors | 12/12/2019

The proposed revisions could be adopted as early as March, increasing the focus on ESG factors for institutional investors in Japan.

Climate Risk

ASIC Launches Climate Risk Governance Surveillance Programme

By Editors | 12/12/2019

ASIC has started contacting large companies as part of an investigation into climate risk governance. The findings are expected in July 2020.

Conduct, Culture & Accountability

Fund Managers to Remain in Regulatory Spotlight in 2020: Moody’s

By Editors | 10/12/2019

Asset managers will remain in the regulatory spotlight as authorities actively work to reduce conflicts of interest in financial advice and elevate supervision of fund liquidity management.