Reporting & Disclosures

Reporting & Disclosures

Malaysia Proposes Simplified ESG Disclosure Guide

By Ranamita Chakraborty | 26/07/2023

A proposed simplified ESG disclosure guide set to be launched in November this year will align with major global frameworks and reporting standards, including the GRI and ISSB.

Reporting & Disclosures

ASIC Lodges Court Action Against Vanguard for Alleged Greenwashing

By Editors | 26/07/2023

ASIC said Vanguard falsely claimed the index it used excluded issuers with significant business activities involving fossil fuels.

Reporting & Disclosures

IOSCO Announces Formal Endorsement of ISSB Standards

By Manesh Samtani | 25/07/2023

IOSCO is now calling on regulators around the world to consider adopting the ISSB standards in their local jurisdictions.

Reporting & Disclosures

IFRS Publishes Comparative Analysis of IFRS S2 and TCFD

By Editors | 25/07/2023

The comparative analysis highlights that the requirements outlined in IFRS S2 are consistent with the TCFD recommendations.

Cryptocurrency

FSS Korea Issues ‘Best Practices’ Guidance on Crypto-related Disclosures

By Manesh Samtani | 25/07/2023

The FSS provides sample footnote disclosures for virtual asset issuers, holders, and exchanges, in line with new crypto asset accounting and disclosure guidelines.

Climate Risk

Korea NPS in Legal Battle Over Silence on Coal Phase-out

By ESG Investor | 24/07/2023

South Korea’s National Pension Scheme continued financing of coal despite promise to exit sees campaigners seek redress in court.

Sustainable Finance

SEBI Introduces ESG Sub-category for Equity Schemes

By Ranamita Chakraborty | 21/07/2023

The securities regulator’s decision was driven by industry requests and the increasing demand for green financing in India.

Capital Adequacy

European Parliament Advances ESG Update to Solvency II

By ESG Investor | 21/07/2023

The position to update Solvency II includes provisions for transition planning aligned to CSRD and explicit integration of ESG risks into insurers’ risk management processes.

ESG Data

EBA to Collect Ad Hoc ESG Data for Risk Monitoring

By Ranamita Chakraborty | 20/07/2023

By analysing and reviewing the ESG data, the European Banking Authority (EBA) along with European central banks and financial regulators will be able to monitor ESG risks more effectively.