Sustainability & ESG

Reporting & Disclosures

New Zealand FMA Censures Pathfinder for Misleading Representations

By Sanday Chongo Kabange | 18/12/2024

The FMA said Pathfinder Asset Management should have included information in social media ads about exceptions permitted by its ethical investment policy

Trading & Investment

Malaysia Launches Trading in Used Cooking Oil Futures

By Sanday Chongo Kabange | 18/12/2024

The new aims to address the need for price transparency and risk management tools in the growing used cooking oil market.

Climate Risk

HKMA Issues New Guidance for Banks on Transition Planning

By Manesh Samtani | 17/12/2024

The guidance covers governance, implementation strategy, engagement strategy, metrics and targets, data collection, scenario analysis, and disclosure/communication.

Sustainable Finance

Malaysia: BCX Starts Trading Gold Standard Carbon Credits

By Editors | 13/12/2024

Bursa Malaysia said the milestone follows the signing of an MoU with Gold Standard at COP28 in Dubai last year.

Sustainable Finance

Korea Establishes New Guidelines on Green Finance

By Editors | 13/12/2024

The guidelines are not mandatory, but regulators will encourage FIs to apply them on a voluntary basis to facilitate a seamless supply of green finance.

Trading & Investment

Bursa Malaysia Lists World’s First ETF With Waqf Feature

By Editors | 13/12/2024

The listing comes after Bursa Malaysia enhanced its listing requirements in March last year to facilitate listings of ETFs with Waqf features.

Climate Risk

APRA Publishes Details on Insurance Climate Vulnerability Assessment

By Thisanka Siripala | 11/12/2024

APRA said the insurance CVA will model insurance affordability at Australia’s five largest general insurers based on three climate scenarios.

Reporting & Disclosures

Hong Kong Launches Sustainability Disclosure Roadmap

By Sanday Chongo Kabange | 11/12/2024

Large publicly accountable entities including financial institutions will be required to fully adopt the ISSB standards by 2028.

Reporting & Disclosures

Goldman Sachs Withdraws from Net-Zero Banking Alliance

By Thisanka Siripala | 11/12/2024

The bank said it will continue to advance its net zero goals and that its priorities remain to help clients achieve their sustainability goals.