Sustainability & ESG

Emerging Prudential Risks

FSB Publishes Work Programme for the Year Ahead

By Manesh Samtani | 25/01/2025

The work programme highlights digitalisation, climate change, and the shifting macroeconomic environment as key priorities

Reporting & Disclosures

Australia to Form New Standard-setting Body for Financial Reporting

By Sanday Chongo Kabange | 25/01/2025

The new body will provide a “one stop shop” for the development and issuance of accounting, sustainability, auditing and assurance standards.

Credit Risk

HKMA Publishes Banking Sector Priorities for 2025

By Sanday Chongo Kabange | 24/01/2025

The HKMA’s 2025 workplan includes measures to safeguard the banking sector from financial crime, credit risk and cyber risk.

Sustainable Finance

Indonesia Opens Carbon Exchange to International Participants

By Nithya Subramanian | 24/01/2025

Minister says every certificate issued for international trading has been validated and authorised to prevent double accounting, double payment, and double claims.

Conduct, Culture & Accountability

Chinese Regulators Should Introduce a Stewardship Code: Report

By Manesh Samtani | 24/01/2025

Fidelity International’s Flora Wang says the implementation of such a stewardship code in China would be a “decisively positive step”.

Sustainable Finance

Climate-Linked Bonds Can Help Drive Net Zero Transition: ECB Paper

By Thisanka Siripala | 23/01/2025

Climate-linked bonds can encourage governments to proactively address climate change and help investors hedge against long-term climate risks

Climate Risk

FDIC Joins Federal Reserve in Withdrawing from NGFS

By Thisanka Siripala | 23/01/2025

The withdrawals are part of a broader trend of US organisations and financial institutions stepping back from climate-focused initiatives

Sustainable Finance

Thailand to Establish New Carbon Credits Market This Year – Reports

By Mark Johnston | 23/01/2025

An official from SEC Thailand said the country needs a much more active carbon credit market, operated by the stock exchange

Reporting & Disclosures

Australia Proposes Immunity Provisions for Sustainability Reports

By Thisanka Siripala | 23/01/2025

The limited immunity provisions are aimed at protecting businesses from certain liabilities and encouraging early adoption of sustainability reporting.