The BOK and FSS will create climate scenarios in H1 which 15 financial firms will have to use in stress tests in H2.
March 28, 2024The HKMA called on banks to make use of the two new GHG reporting tools launched by the Cross-Agency Steering Group last month.
March 27, 2024The guidance comprises six books that aim to standardise climate risk management frameworks at banks and establish uniform scenarios and methodologies.
March 10, 2024The cloud-based platform will enable banks to assess physical risk for specific property exposures over different time horizons and climate scenarios.
February 28, 2024The scheme will provide early-stage funding for pre-commercialised green fintech companies, said Hong Kong official Salina Yan.
January 26, 2024HKMA's Arthur Yuen also said the first version of Hong Kong's green classification framework will be released "very soon".
December 12, 2023ADB evaluated Korea's climate risk management and supervision strategy and believes it should be introduced as a best practice in the region.
November 29, 2023Sustainability reporting is an investment opportunity and risk management strategy, said panellists at the SGX Sustainability Reporting Review launch.
November 27, 2023Tailored guidance is being developed for SMEs on the information they should provide to FIs. A new SME focus group has also been established.
September 29, 2023Interested firms will need to submit a market-ready solution for at least one of four themes by 20 October 2023.
September 22, 2023