The SC plans to make it a requirement for the majority of board members and the rating committee to be independent.
June 14, 2022Analysis across KLD, Sustainalytics, Moody’s ESG, S&P Global, Refinitiv and MSCI finds significant differences in how indicators are measured.
June 5, 2022Two new reports shed light on the extent to which climate risks are taken into account by FIs and affect credit ratings.
May 24, 2022A new committee will work to address mis-selling and greenwashing risks and explore the introduction of prudential requirements for ESG funds.
May 11, 2022The proposals seek to reduce vulnerabilities from foreign currency borrowing, including by exploring ways to reduce the "mechanistic use of credit ratings" by index providers.
April 26, 2022The new DLT-based platform is designed to monitor security creation, covenants and asset cover of non-convertible securities.
April 25, 2022The consultation will feed into an impact assessment being prepared this year to evaluate whether a policy initiative on ESG ratings is needed.
April 14, 2022Authorities say they are seeking to use the social credit system to improve financing opportunities and increase lending to businesses and individuals.
April 8, 2022The IMF says Hong Kong authorities should strengthen analysis of Mainland-related credit risks, and ensure internal models used by local banks are sufficiently forward-looking.
March 10, 2022One option is for foreign shareholders to transfer their shares to be managed by Russian partners until they return to the market at a later date.
March 7, 2022