ESG / Sustainability

ESG / Sustainability

SEBI Mandates Certification for ESG Raters

By Ranamita Chakraborty | 07/07/2023

ESG rating providers in India now need to establish an adequate framework to ensure transparency, prevent conflicts of interest and openly publish their rating methodology on their website.

ESG / Sustainability

Industry Consults on Code of Conduct for ESG Ratings

By Ranamita Chakraborty | 07/07/2023

The code incorporates recommendations from the International Organisation of Securities Commissions and sets out clear guidance for ESG data and rating providers.

Capital / Liquidity

FSB to Conduct “In-depth” Review of G-SIB Resolution Framework

By Manesh Samtani | 07/07/2023

FSB members also approved the high-level recommendations for crypto-assets and stablecoins, which will be submitted to the G20 for endorsement this month.

Capital / Liquidity

BCBS Proposes Revisions to Core Principles for Effective Banking Supervision

By Manesh Samtani | 06/07/2023

The amendments cover a wide range of topics, addressing climate, digitalisation, interest rate risk, cyber risk, counterparty credit risk, and bank culture.

ESG / Sustainability

Singapore’s SRAC Recommends ISSB-Aligned Climate Reporting

By Ranamita Chakraborty | 06/07/2023

Singapore’s sustainability reporting advisory committee studied ISSB’s exposure draft closely and consulted several stakeholders before making major climate reporting recommendations, chairperson Esther An told Regulation Asia.

AML / KYC

MAS Reports USD22.8 Billion Net Loss For FY2022/23

By Ranamita Chakraborty | 06/07/2023

MAS announced a net loss of SGD 30.8 billion (USD 22.8 billion), reflecting the effects of monetary policy tightening to bring down inflation.

ESG / Sustainability

Australia: New Report Calls into Question Credibility of Corporate Reporting

By Editors | 05/07/2023

The poor quality of disclosure suggests that directors are not taking their responsibility seriously, said Professor Peter Carey at Deakin University.

ESG / Sustainability

Systemic, Firm, and Human Capital Implications of Climate Transition

By Siva Ramachandran | 04/07/2023

Siva Ramachandran and Phoebe Chan discuss the key implications of the global transition journey at the systemic, firm, and human capital levels.

ESG / Sustainability

HKEX’s Climate-related Financial Disclosures: Where to Start?

By Alan Au | 03/07/2023

Alan Au, Helena Wong, and Ariana Szeto offer guidance on preparing for HKEX’s new climate-related disclosure requirements.