Reporting & Disclosures

Cryptocurrency

FASB Issues Standards to Implement ‘Fair Value’ Accounting for Crypto

By Mark Johnston | 18/12/2023

Fair value accounting allows firms to provide a clearer view of their financial position and the actual economic value of their crypto holdings.

Reporting & Disclosures

ESMA Plans Scrutiny on ESG Disclosure Under BMR

By ESG Investor | 18/12/2023

ESMA will assess compliance with ESG disclosure rules under the BMR to enhance comparability of information provided to users of benchmarks.

Reporting & Disclosures

Finance’s CSDDD Exclusion a “Missed Opportunity” on Human Rights

By ESG Investor | 16/12/2023

FIs will not be initially subject to EU due diligence directive despite benchmarks showing poor sector performance in addressing risks in supply chain.

ESG Data

ICMA Introduces Voluntary Code of Conduct for ESG Ratings

By Ranamita Chakraborty | 15/12/2023

Aligned with IOSCO recommendations, the code seeks to improve transparency and trust in sustainable finance by promoting consistent global standards.

Reporting & Disclosures

Bursa Malaysia Tops Asia in Gender Equality on Boards

By Mark Johnston | 14/12/2023

Bursa Malaysia has been ranked as Asia’s top exchange for gender equality in corporate boardrooms by the UN SSE and IFC.

Climate Risk

COP28 Nations Agree to ‘Transition Away’ from Fossil Fuels

By Editors | 14/12/2023

The agreement calls on countries to transition away from fossil fuels in energy systems and boost renewable energy capacity and energy efficiency.

Conduct, Culture & Accountability

Taiwan Sets Requirements on Disclosure of Director Remuneration

By Editors | 13/12/2023

Financial holding companies, banks, securities firms and insurers will have to disclose director remuneration under specified conditions.

Reporting & Disclosures

ACCC Issues Finalised Guidance on Greenwashing

By Sanday Chongo Kabange | 13/12/2023

The guidance comprises eight principles to help businesses ensure their environmental and sustainability claims comply with the law.

Trading & Investment

Shenzhen, Saudi Exchanges to Cooperate on Capital Markets

By Editors | 12/12/2023

The exchanges will cooperate in areas including ESG, fintech, cross-listings, as well as index, fund and REIT products.