Sustainability & ESG

Reporting & Disclosures

Thailand Consults on 2nd Version of Sustainable Finance Taxonomy

By Manesh Samtani | 30/10/2024

The updated draft taxonomy covers agriculture, buildings and real estate, the manufacturing industry, and waste management.

Conduct, Culture & Accountability

UK FCA Sets Priorities and Expectations for Retail Banks in 2025

By Nithya Subramanian | 30/10/2024

Dear CEO letter highlights the consumer duty, operational resilience, fraud and financial crime, and sustainable finance as key focus areas for retail banks.

Reporting & Disclosures

Australia: Santos Faces Shareholder Lawsuit Over Net-Zero Claims

By Thisanka Siripala | 29/10/2024

The Australasian Centre for Corporate Responsibility says Santos’ emission reduction roadmap lacks credible foundation.

Supervision & Enforcement

ASIC Annual Report Details Increasing Focus on Accountability, Enforcement

By Thisanka Siripala | 29/10/2024

In the 12 months ending June 2024, ASIC conducted 690 surveillance operations and 168 formal investigations, and filed 32 cases against 69 defendants.

Climate Risk

IAIS Published Strategic Plan for 2025-2029

By Mark Johnston | 27/10/2024

The strategic plan focuses on climate change, digital innovation, cyber risks, and building societal resilience.

Climate Risk

China Issues New Quota Allocation Plan for National Carbon Market

By Editors | 26/10/2024

The move is expected to increase the free allowances power plants can obtain and potentially cool a rally that has sent allowance prices to record levels.

Climate Risk

BCBS Seeking Better Understanding of Banks’ Climate Practices

By Editors | 25/10/2024

The BCBS surveyed banks on their practices for collecting data, adapting their IT systems, and using tools like scenario analysis, among other areas.

Sustainable Finance

ACMF Endorses V2 of ASEAN Transition Finance Guidance

By Nithya Subramanian | 24/10/2024

The Version 2 guidance provides guidance on reference transition pathways, to help companies develop their individual transition plans.

Sustainable Finance

HKMA Launches “Action Agenda” to Promote Sustainable Finance

By Manesh Samtani | 22/10/2024

Under the Sustainable Finance Action Agenda, banks are required to achieve net zero in their operations by 2030, and in their financed emissions by 2050.