ESG / SUSTAINABILITY

ESG / Sustainability

Malaysia SC Outlines Capital Market Plans for 2021

By Sanday Chongo Kabange | 21/03/2021

The SC said it will launch its five-year Capital Market Masterplan 3 in H2 2021, strengthen its regulatory capabilities, and streamline conduct requirements.

ESG / Sustainability

Absence of Term RFRs Could Impair Risk, Forecasting Functions

By Editors | 19/03/2021

Banking functions involving risk analytics and cash flow forecasting will need to change to accommodate risk-free rates, says Karen Moss at Moody’s Analytics.

ESG / Sustainability

CFTC Establishes New Dedicated Unit for Climate Risk

By Editors | 18/03/2021

Other US financial regulators including the SEC, Treasury Department and Federal Reserve have also recently raised climate risk and a key focus.

ESG / Sustainability

APRA Outlines Next Steps in Key Climate-related Initiatives

By Sanday Chongo Kabange | 15/03/2021

APRA will consult on a draft prudential practice guide on climate change financial risk within H1. The first results of big banks’ climate vulnerability assessments will be ready by Q4.

Securities / Derivatives

Global ESG Investing Qualification Launched by CFA Institute

By ESG Investor | 15/03/2021

Originally created by the CFA Society of the UK, the Certificate in ESG Investing will now be made available in financial hubs globally.

AML / KYC

SWIFT Embeds ESG Due Diligence in KYC Registry

By Editors | 11/03/2021

The integration of the ICC’s Guidelines into SWIFT’s KYC Registry allows corporates to only complete and update a single form to provide ESG information to different banking partners.

Big Picture

The ESG Interview: Asia Plots its Own Path

By ESG Investor | 11/03/2021

Mercer’s Alexis Cheang sees parallels and differences in the approaches of the region’s asset owners and policy-makers.

ESG / Sustainability

MAS to Place $2bn With Green Asset Managers ‘Soon’

By Manesh Samtani | 09/03/2021

Ravi Menon said MAS has identified the asset managers who will participate in the Green Investments Programme announced in November 2019.

Big Picture

PwC Offers ESG Risk Management Recommendations for Banks

By Manesh Samtani | 09/03/2021

Banks need to adopt training and change management programmes to ensure employees embrace ESG risk management as a requirement and discipline.