ADVERTISEMENT
ESG / Sustainability
WEF Paper Outlines Steps for Responsible Carbon Market Engagement
By Sanday Chongo Kabange | 24/01/2023
New paper from the World Economic Forum and Bain & Company calls for “decisive action” to scale up VCMs and ensure they serve the promised environmental and societal benefits.
Capital / Liquidity
EU Faces Industry Opposition on Proposed Commission Ban
By Mark Johnston | 24/01/2023
Financial industry associations say a ban on commissions paid to financial advisers for selling financial products would harm consumers.
Crypto / Digital Assets
Crypto Lender Genesis Files for Bankruptcy Protection
By Editors | 24/01/2023
Genesis has more than 100,000 creditors who may be owed up to USD 10 billion. The biggest creditor is crypto exchange Gemini.
ESG / Sustainability
US Fed Issues Instructions on Climate Scenario Analysis
By Editors | 24/01/2023
Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley and Wells Fargo are asked to submit their responses by 31 July 2023.
Securities / Derivatives
CSRC Revises Rules for Securities Brokerage Businesses
By Editors | 24/01/2023
The rules strengthen requirements for firms to protect customers and implement transaction management and process controls.
Capital / Liquidity
US OCC Outlines Framework for “Too-Big-to-Manage” Banks
By Editors | 24/01/2023
The OCC is looking to provide more transparency into its escalation framework for dealing with banks that become too big to manage.
ESG / Sustainability
Bangladesh to Form New Market for Shariah Compliant Securities
By Editors | 23/01/2023
The BSEC has formed a-nine member advisory council to help develop the new Islamic capital market.
ESG / Sustainability
Researchers Dispute Benefits of Verra Approved Carbon Credits
By Editors | 23/01/2023
Investigative journalists found that only a handful of Verra’s rainforest projects showed evidence of deforestation reductions.
Enforcement
SEC Complaint Lodged Against SLB For Misleading Claims
By ESG Investor | 23/01/2023
A whistleblower complaint has been filed to the US SEC calling for an investigation sustainability-linked bonds issued by Brazilian meat giant JBS.
Securities / Derivatives
NZ FMA Publishes First Risk Assessment of Fund Management Sector
By Editors | 23/01/2023
Risk management practices and controls used by fund managers reduce overall risk but “pockets of relatively higher risk” still exist.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team