ESG / SUSTAINABILITY

ESG / Sustainability

Hong Kong Exchange Lists First Ever Catastrophe Bond

By Editors | 03/04/2023

The $350mn catastrophe bond offers protection against losses related to earthquake risks in Chile over the next three years.

Crypto / Digital Assets

IOSCO Issues Final Guidance on Mitigating Risks to Retail Investors

By Manesh Samtani | 31/03/2023

IOSCO offers a comprehensive toolkit of measures for regulators to consider when addressing crypto scams, greenwashing and other forms of retail misconduct.

ESG / Sustainability

Taiwan to Require Listed Companies to Have Female Directors

By Editors | 31/03/2023

The requirement to appoint female directors is part of efforts to improve corporate governance culture among listed companies in Taiwan.

ESG / Sustainability

UK Consults on Regulatory Regime for ESG Ratings

By Editors | 31/03/2023

The consultation proposes to introduce legislation to amend and expand the FCA’s regulatory perimeter to include ESG ratings.

ESG / Sustainability

UK Aims to End Uncertainty on Fiduciary Duty

By ESG Investor | 30/03/2023

Green Finance Strategy outlines the government’s plans to align the finance sector with its net zero commitments.

ESG / Sustainability

Vanguard Issued Warning in NZ for Late Disclosure of ASIC Action

By Editors | 30/03/2023

Vanguard took 55 business days to file a notice on New Zealand’s register about ASIC’s enforcement action. The requirement is 5 business days.

ESG / Sustainability

“Clear Direction” on ESG in New Guidance for Australian Super Funds

By ESG Investor | 29/03/2023

APRA has cemented the importance of ESG in its guidance for superannuation funds on investment governance but needs to be clearer on terminology.

ESG / Sustainability

UK FCA Delays Sustainability Disclosure Requirements

By ESG Investor | 29/03/2023

The requirements were set to come into force on 30 June, with labelling and disclosure reforms slated for 2024. These proposed dates will be adjusted.

ESG / Sustainability

RBNZ Proposes New Guidance on Managing Climate Risk

By Editors | 29/03/2023

The guidance proposes that regulated entities develop their capabilities in climate-related scenario analysis and stress testing, outlining the RBNZ’s latest thinking on best practice.