The guidance aims to support entities in preparing climate-related disclosures and to foster consistency through "clarity of understanding".
May 9, 2023New rules aligned with the TCFD recommendations and the ISSB Climate Standard will become effective in January 2024.
April 17, 2023The 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, 2022ASIFMA's new paper says open dialogue and engagement is needed for investors to better understand the labour practices of investee companies.
September 9, 2022BIS says BMAs help identify banks' vulnerabilities and provide grounds for early supervisory interventions, making bank supervision more effective, proactive and forward-looking.
April 8, 2022The HKMA has also finalised its guidance on climate risk management, giving banks until end-2022 to implement the new measures.
January 3, 2022A gap analysis and implementation plans must be submitted to BNM within six months from the issuance of the final policy document, expected on 1 June 2022.
December 28, 2021The guideline includes expectations on governance, strategy, risk management and disclosure. The HKMA plans to allow a 12-month period for implementation.
July 21, 2021Recommendations for securities regulators cover asset manager practices, product disclosure, supervision and enforcement, terminology, and investor education.
July 2, 2021All licensed banks with significant operations in Hong Kong must prepare and submit a questionnaire on fintech adoption by 31 December.
June 21, 2021