The work programme includes initiatives to strengthen NBFI resilience, enhance cross border payments, and address climate change, among other priorities.
January 21, 2021The proposed regulatory rating system will be tested from 13 January until end-2021, following which full implementation will occur starting 1 January 2022.
January 19, 2021The move will lead to better disclosure of ESG information in the capital market, including information related to greenhouse gas emissions.
January 19, 2021Large companies will have to disclose ESG information from 2025. This will expand to all KOSPI-listed companies from 2030.
January 15, 2021Ahead of COP26 in November, a plethora of regulatory and legislative changes as well as industry-level initiatives will drastically impact the ESG investing space.
January 14, 2021The rules prohibit the use of private equity funds as vehicles for public fundraising, explicitly allowing them to only be offered to qualified investors.
January 14, 2021The harmonised global sustainability reporting framework offers comprehensive “running start” in standardised disclosure.
January 13, 2021The rules require trading venues to improve trading rules, enhance risk monitoring, and establish appropriate investor suitability and information disclosure rules.
January 12, 2021ICBC, China Development Bank, Great Wall, and Postal Savings Bank and a number of their subsidiaries were penalised almost 200mn yuan for various regulatory violations.
January 11, 2021Provincial level authorities will be able to set carbon emissions caps for the first time, and shall be charged with verifying greenhouse gas emissions reports.
January 8, 2021