ESG / SUSTAINABILITY

ESG / Sustainability

Hong Kong Launches Centre for Green and Sustainable Finance

By Manesh Samtani | 15/07/2021

The Centre will serve as a cross-sector platform to coordinate the transition efforts and serve as a repository for resources, data and analytics.

AML / KYC

Covid-19 Forced Companies to Short-cut KYC, Due Diligence

By Ranamita Chakraborty | 13/07/2021

A new Refinitiv report has found that Covid-19 substantially increased customer and third-party risks. Yet it also increased focus on ESG and green crime.

ESG / Sustainability

International Organisations to Launch Climate Training Alliance

By Editors | 12/07/2021

The initiative will see the establishment of a dedicated online portal for global training on climate risks for central banks and supervisors.

ESG / Sustainability

G20 Endorses Use of Carbon Pricing Mechanisms, Incentives

By Manesh Samtani | 12/07/2021

The use of carbon pricing mechanisms and incentives was included in the G20 communique among the set of tools to facilitate the transition to a more sustainable economy.

ESG / Sustainability

The Resilience Imperative: Succeeding in Uncertain Times

By Gabriele Vigo | 11/07/2021

Strengthening financial institutions’ resilience has never been more important, say Gabriele Vigo and Olivia White at McKinsey.

ESG / Sustainability

Taiwan FSC Tightens Rules for ESG-themed Funds

By Sanday Chongo Kabange | 08/07/2021

Asset managers are required to set one sustainability goal and explain how their investments help achieve that goal.

ESG / Sustainability

FSB Urges Greater Coordination on Climate-related Risks

By Manesh Samtani | 07/07/2021

The interconnected nature of climate-related financial risks and the growing body of work to address them reinforce the need for coordinated action, the FSB says.

ESG / Sustainability

MAS Further Extends Facility to Support SME Lending

By Manesh Samtani | 06/07/2021

Government risk sharing and lower-cost funding will keep borrowing costs low for local enterprises as they recover and adapt to the new normal, MAS said.

Big Picture

Corporate Governance Policy Frameworks Need Strengthening: OECD

By Ranamita Chakraborty | 04/07/2021

The OECD says significantly fewer companies are using public equity markets, but that strengthening corporate governance policies and frameworks can help.