ESG / SUSTAINABILITY

ESG / Sustainability

Australia Sanctions Targets in Iran, Myanmar for Human Rights Abuses

By Editors | 01/02/2023

The Australian government also announced sanctions against individuals and entities in Myanmar and Iran for violence and human rights abuses against their people.

AML / KYC

FINTRAC Issues Guidance on Detecting Illegal Wildlife Trade

By Editors | 01/02/2023

The guidance provides money laundering indicators based on analysis of approximately 200 STRs related to illegal wildlife trade between 2011 and 2022.

ESG / Sustainability

European Regulators Slammed for Approach to Greenwashing Probe

By ESG Investor | 31/01/2023

A lack of engagement with key stakeholders and timing of greenwashing investigation among criticisms levelled at European Supervisory Authorities.

Capital / Liquidity

FSC Korea Unveils 12 Policy Initiatives in 2023 Work Plan

By Manesh Samtani | 31/01/2023

The initiatives seek to mitigate risks related to financial stability, insolvencies, scams, and virtual assets, while also promoting innovation and fintech.

ESG / Sustainability

PBOC Extends Re-Lending Facilities to Support Green Transition

By Editors | 31/01/2023

Foreign-funded FIs will be allowed to use a re-lending facility designed to support carbon emission reductions. The facility is extended until end-2024.

ESG / Sustainability

IFSCA Issues Disclosure Framework for GIFT City ESG Funds

By Editors | 30/01/2023

The framework is designed to promote the consistency, comparability, and reliability of disclosures from ESG funds operating in India’s maiden international financial services centre.

ESG / Sustainability

Climate Consultancy South Pole Accused of Over-issuing Carbon Credits

By Editors | 30/01/2023

South Pole is alleged to have oversold 27 million tonnes of carbon credits and then failed to notify clients when the mistake was discovered.

ESG / Sustainability

ESMA Under Pressure on ESG Fund Labelling Rules

By ESG Investor | 27/01/2023

European financial regulator faces up to criticisms of its plans for ESG label rules, with concerns focusing on the EU’s SFDR.

ESG / Sustainability

India Issues First Ever Sovereign Green Bonds

By Editors | 26/01/2023

India raised almost $1bn that it will use for investments in renewable energy and climate change adaptation, among other areas.