HKMA Launches Physical Climate Risk Assessment Platform For Banks

The HKMA has launched an enhanced version of its physical climate risk assessment tool, urging all financial institutions to adopt it.

Sanday Chongo Kabange

11 Jul 2025•2 min read

BCBS Flags Bank-NBFI Risks, Puts Synthetic Risk Transfers Under Scrutiny

New BIS report warns of growing interconnections and mutual dependence, highlighting the need for better data and signalling a probe into complex risk instruments.

Manesh Samtani

11 Jul 2025•2 min read

Accountancy Bodies Issue Guidance on Materiality for ISSA 5000

A new report from ACCA and CA ANZ aims to ensure consistent application of the IAASB’s landmark sustainability assurance standard, ISSA 5000.

Manesh Samtani

11 Jul 2025•2 min read

Korea to Mandate Governance Reports for All KOSPI Firms from 2026

The move expands a 'comply or explain' disclosure requirement from large-cap firms to all companies listed on the main board, aiming to boost transparency.

Manesh Samtani

11 Jul 2025•2 min read

Hong Kong Launches 3rd Iteration of Anti-Scam Consumer Protection Charter

The “Charter 3.0” establishes a collaborative framework for combatting financial frauds and scams that also includes tech firms and telecos.

Sanday Chongo Kabange

10 Jul 2025•3 min read

FSB Finalises Toolkit to Curb Non-Bank Leverage Risks

The FSB has issued new recommendations for authorities to monitor and control leverage in the growing non-bank sector.

Manesh Samtani

11 Jul 2025•3 min read

Korea to Launch AI-Powered ‘One-Strike-Out’ System for Unfair Trading

A new joint task force will use individual-based surveillance and AI to freeze accounts, impose heavy fines, and ban manipulators from the market.

Manesh Samtani

11 Jul 2025•2 min read

BIS Paper Proposes Model to Price Physical Climate Risk in Bank Capital

New paper offers a way to integrate physical climate events into standard credit models, potentially raising capital requirements significantly.

Manesh Samtani

11 Jul 2025•2 min read