The ECB is concerned that banks are not prepared for new climate and environmental risk disclosure standards that take effect mid-year.
April 25, 2023The action plan includes a code of conduct for ESG ratings and data providers, grant schemes for transition bonds and loans, and ISSB-aligned disclosures.
April 21, 2023A new Climate and Environmental Risk Questionnaire has been developed to help SMEs with sustainability reporting.
December 21, 2022The UK and BOT will work together to improve financial inclusion, as well as promote sustainable finance and sustainability-related disclosures in the Thai financial sector.
December 9, 2022The deadlines will be closely monitored and, if necessary, enforcement action will be taken, the ECB said, adding that bank capital requirements are already being affected.
November 4, 2022Banks must develop ESRM systems that assess environmental and social risks arising from their operations, products, services, transactions, activities, and operating environment.
October 5, 2022The plan will seek to transform Chongqing into a green finance hub in five years, with "rich green financial products and services".
August 31, 2022Asset managers in Asia could be forgiven for thinking ESG stood for Ever-Shifting Ground.
July 29, 2022Climate risk management will be a standing item in annual prudential meetings with banks. The CAMEL rating framework will be updated.
July 1, 2022Banks, insurers and asset managers are directed to use the guidance to bolster their resilience to environmental risk and set tangible targets for action.
June 2, 2022