ESG / Sustainability

AML / KYC

EC Adopts Proposal on Corporate Sustainability Due Diligence

By Manesh Samtani | 28/02/2022

The proposal requires companies, including certain non-EU companies, to address negative human rights and environmental impacts in their supply chains.

Capital / Liquidity

PBOC Concludes First Phase of Climate Risk Stress Tests

By Editors | 27/02/2022

Defaults in the thermal power, steel and cement sectors may increase if companies in those sectors do not shift to low-carbon alternatives.

ESG / Sustainability

HK FRC Establishes Sustainability & Climate Action Task Force

By Editors | 24/02/2022

The task force will provide high level recommendations on strategic actions the FRC should consider to promote sustainability reporting in Hong Kong.

ESG / Sustainability

BSP Calls on Banks to Adhere to Sustainable Finance Roadmap

By Mark Johnston | 22/02/2022

Lending to activities that are considered sustainable and environment-friendly will qualify FIs for incentives, such as preferential rediscount rates.

ESG / Sustainability

Singapore Govt, MAS to Extend Support for Businesses

By Editors | 21/02/2022

MAS is extending its SGD facility to support SME lending. Singapore will target net zero emissions by or around 2050, which was previously the target for halving emissions.

Fintech / Regtech

Korea FSS Includes NFT, Metaverse Monitoring in Annual Work Plan

By Sanday Chongo Kabange | 20/02/2022

The FSS said it will strengthen its supervision of “new trading assets such as NFTs” and “prepare countermeasures” if necessary to protect consumers against damage.

Market Infrastructure

FSB Updates G20 on 2022 Priorities, Including Work on Crypto-assets

By Manesh Samtani | 17/02/2022

The FSB has started to examine regulatory and supervisory issues and approaches to address risks stemming from unbacked crypto-assets.

ESG / Sustainability

JPX Commences Research On ‘Digitally Tracked Green Bonds’

By Editors | 14/02/2022

JPX plans to issue the bond to help it achieve carbon neutrality, while at the same time enabling investors to track its progress over time.

Securities / Derivatives

Philippine SEC Consults on ASEAN Sustainable Fund Standards

By Editors | 14/02/2022

The SEC seeks views from investment firms and fund managers on their expectations for sustainable funds, including issuance trends, investment drivers, and regulatory requirements.