Sustainability & ESG

Emerging Prudential Risks

FSB Plenary Meets in Hong Kong to Discuss Financial Stability Issues

By Editors | 05/12/2024

The Plenary reviewed policy work on climate-related financial risks, crypto-assets and global stablecoins, cross-border payments, and NBFI.

Trading & Investment

Thai Stock Exchange Unveils New Three-year Strategic Roadmap

By Editors | 04/12/2024

The roadmap includes a value-creation platform for listed companies, extended trading hours for certain products, and a platform enabling retail access to government bonds.

Reporting & Disclosures

New Zealand FMA Reviews First Climate Statements under CRD Regime

By Sanday Chongo Kabange | 04/12/2024

The FMA is “encouraged” by the first climate statements filed by climate reporting entities and acknowledges the challenges they face.

Sustainable Finance

Australia Pledges Investments under Singapore’s FAST-P Initiative

By Nithya Subramanian | 04/12/2024

The Australian government’s first investment will support clean energy and sustainable infrastructure projects across Southeast Asia.

Sustainable Finance

Tokyo Government to Pilot Green Hydrogen Auction-Based Trading

By Thisanka Siripala | 03/12/2024

TOCOM will assist in the design and execution of a pilot project to support the creation of a hydrogen exchange in Tokyo.

Sustainable Finance

US States Sue Major Asset Managers for Alleged Antitrust Violations

By Nithya Subramanian | 03/12/2024

The lawsuit alleged that BlackRock, Vanguard and State Street drove up electricity prices by pressuring coal companies to cut their carbon emissions.

Cryptocurrency

Hong Kong Circulates Tax Break Proposal for Hedge Funds, Family Offices

By Nithya Subramanian | 03/12/2024

The proposal will expand the tax exemptions for PE funds, hedge funds and family offices to cover gains from virtual assets, carbon credits, and other asset classes.

Structural Regulation

Australia Passes Legislation on Tax Transparency and Global Minimum Tax

By Editors | 03/12/2024

Certain multinational enterprises will begin public country-by-country reporting of tax and other financial information, backdated from 1 July 2024.

Reporting & Disclosures

Singapore’s Top Companies Lead Global Sustainability Efforts: KPMG

By Nithya Subramanian | 03/12/2024

KPMG survey finds all of Singapore’s top 100 companies report on sustainability. However, challenges remain that warrant further attention.