Regulators may initially introduce the new ESG disclosure requirements on a “comply or explain” basis before transitioning to a fully mandatory framework.
February 23, 2023LegCo member Wu Jiezhuang says using the CBDC as a government-backed stablecoin will help address virtual asset risks and enhance trust in Web3.
January 12, 2023New paper provides analysis in support of the removal of the 3bp PD floor set by the BCBS under the internal models approach for FRTB.
December 7, 2022The PBOC will establish connectivity between all credit reporting systems and platforms nationwide, so data on each economic entity can be combined into a single "credit file".
October 18, 2022The plan will seek to transform Chongqing into a green finance hub in five years, with "rich green financial products and services".
August 31, 2022Banks whose investments are exposed to material environmental and social risks should adopt appropriate tools and metrics to assess, measure, and monitor these risks.
August 30, 2022The climate action message has become strident, repetitious, and mired in intolerance, putting at risk the still-fragile credibility the movement has built thus far.
June 8, 2022The guidelines offer three recommended approaches to help banks assess the sustainability of their prospective investments.
May 27, 2022The survey will seek responses from market participants to assess the functioning of Japanese financial markets in relation to climate change.
March 15, 2022Anchor investors can only sell 50 percent of their allocated shares after 30 days. The remaining portion has a 90-day lock-in period.
January 7, 2022