All posts tagged "climate risk"
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66Capital / LiquidityBNM Calls on FIs to Start Preparing for 2024 Climate Stress Tests
BNM has proposed a framework for the 2024 CRST exercise to assess the resilience of Malaysian FIs to physical and transition risks arising from various climate scenarios.
July 4, 2022 -
68Crypto / Digital AssetsFSB Plenary Highlights Continued Financial Stability Concerns
The FSB expressed concerns over the outlook for financial stability, volatility in commodity markets, and strains in crypto-asset markets.
July 4, 2022 -
379ESG / SustainabilityHKMA to Integrate Climate Risk in Supervisory Processes
Climate risk management will be a standing item in annual prudential meetings with banks. The CAMEL rating framework will be updated.
July 1, 2022 -
316ESG / SustainabilityMalaysia Regulators Publish TCFD Adoption Guide for FIs
All local and foreign FIs are expected to adopt the basic recommendations set out in the application guide within a recommended timeframe of 24 months.
June 30, 2022 -
324ESG / SustainabilityGFANZ Consults on Net-zero Transition Planning Framework
GFANZ identifies four critical approaches for financial institutions to support real-economy GHG emissions reductions.
June 24, 2022 -
447ESG / Sustainability
HKMA Asks Banks to Apply Basel Climate Risk Guidance
The HKMA will assess the need to align its supervisory framework with BCBS Principles for managing and supervising climate-related financial risks.
June 23, 2022 -
439ESG / SustainabilityHong Kong Advances Work to Develop Green Finance Capacity, Talent
Hong Kong will develop a GHG emissions estimation tool, a green classification framework, and adopt the ISSB standards when they're ready.
June 22, 2022 -
419Capital / LiquidityBCBS Issues Principles on Managing Climate Risks in Banking
12 principles are aimed at banks and 6 are aimed at financial supervisors and regulators. Implementation is expected "as soon as possible".
June 16, 2022 -
527ESG / SustainabilityBursa Malaysia Issues ESG Guidance for Listed Companies
The guidance is issued as part of an initiative to help listed companies adopt best practices in areas such as governance and sustainability.
June 13, 2022 -
416Asia-Pacific
GFANZ Launches APAC Network to Accelerate Move to Net Zero
GFANZ has opened a new regional headquarters in Singapore, with support from SGX, Temasek and MAS.
June 9, 2022
