ESG / Sustainability

Capital / Liquidity

Climate Risk & Regulation: A Race to the Top

By Manesh Samtani | 23/03/2021

Bill Coen, Chair of the IFRS Advisory Council and former BCBS Secretary General, speaks to Regulation Asia about initiatives underway to mitigate climate-related risk in the banking sector.

ESG / Sustainability

Climate Change Will Threaten Financial Stability: PBOC

By Manesh Samtani | 22/03/2021

Climate change could impact monetary policy, credit risk, market risk and liquidity risk, and undermine the stability of the entire financial system, PBOC governor Yi Gang said.

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.