International

ESG / Sustainability

NGFS Publishes First Report Focusing on Adaptation Finance

By Thisanka Siripala | 15/11/2024

The NGFS concurrently released a Synthesis Report on the Greening of the Financial System, seeking to provide a holistic and up-to-date view on the state of climate finance.

ESG / Sustainability

MAS Releases Interim Report from Transition Credits Coalition

By Nithya Subramanian | 15/11/2024

The report describes the issues involved in developing and applying transition credits, and sets out a framework to scale these credits for coal phaseouts.

ESG / Sustainability

IOSCO Publishes Report on Transition Plans Disclosures

By ESG Investor | 15/11/2024

The report explores how transition plan disclosures can support investor protection and market integrity, and identifies actions for securities regulators.

ESG / Sustainability

COP29 Countries Approve Global Carbon Market Framework

By Mark Johnston | 15/11/2024

Countries at COP29 have endorsed a global carbon market framework which forms the basis for operationalising Article 6.4 of the Paris Agreement.

ESG / Sustainability

IAASB Releases Final Sustainability Assurance Standard, ISSA 5000

By Manesh Samtani | 14/11/2024

IOSCO declared its support for ISSA 5000. IAASB Chair Tom Seidenstein called on policymakers and practitioners to start adopting the standard.

ESG / Sustainability

More Progress Needed to Achieve Consistent Climate Disclosures

By Editors | 14/11/2024

Progress reports from the FSB and IFRS Foundation show that significant progress has been made, but more is needed.

AML / KYC

Unlocking the Potential of AI in Financial Crime Compliance

By Bradley Maclean | 14/11/2024

New research explores the potential of AI in financial crime compliance, highlighting pressing pain points and offering a roadmap for adoption.

ESG / Sustainability

Singapore Pledges $500m in Concessional Funding for Climate Action

By Nithya Subramanian | 13/11/2024

The government will match every dollar, up to $500mn, of concessional capital committed by other partners involved in the FAST-P initiative.

Sanctions

Russia, Iran Implement First Phase of Payment System Linkage

By Editors | 13/11/2024

Travellers from Iran can now use riyal balances on their Shetab debit cards at ATMs in Russia to withdraw rubles.