International

ESG / Sustainability

NZBA Reports Strong Net Zero Progress at COP28

By ESG Investor | 06/12/2023

As of 30 September, 96 of 136 member banks had set net zero targets, NZBA said in a progress update.

ESG / Sustainability

NZDPU Proof of Concept Launches, Feedback Sought

By Manesh Samtani | 06/12/2023

The proof of concept includes an initial set of data fields, features, and functionality to solicit stakeholder insights that will inform future releases.

Sanctions

US Sanctions Belgium-based Network for Russian Military Procurement

By Editors | 06/12/2023

US sanctions five individuals and nine entities as DOJ unseals indictments targeting illicit Russian military procurement.

ESG / Sustainability

ICMA, LSEG to Develop Practitioner Guide for Islamic Bonds

By Editors | 06/12/2023

The guidance will set out how Sukuk may be labelled as Green or Sustainability, in line with ICMA’s Green Bond Principles and Sustainability Bond Guidelines.

Fintech / Regtech

FSB Finalises Third-Party Risk Management Toolkit

By Editors | 05/12/2023

Tools are provided to help FIs identify critical services and manage third-party risks, and to help regulators supervise such risks.

ESG / Sustainability

GFANZ Plots Path Toward Net Zero Transition

By ESG Investor | 05/12/2023

Around 250 financial institutions will have published their transition plans based on the NZTP framework within the next year.

ESG / Sustainability

Bhutan Becomes First Country to Integrate with CAD Trust

By Manesh Samtani | 04/12/2023

By integrating with CAD Trust, Bhutan guarantees the efficiency and transparency of its climate mitigation efforts, in line with Article 6 of the Paris Agreement.

ESG / Sustainability

IOSCO Takes Stock of Measures to Address Greenwashing

By Manesh Samtani | 04/12/2023

IOSCO describes the challenges of addressing greenwashing and provides an overview of initiatives undertaken in various jurisdictions to tackle this risk.

ESG / Sustainability

MAS Launches Coalition to Test Carbon Credits for Coal Phase-Out

By Editors | 04/12/2023

Two pilot projects will be undertaken to test the use of transition credits to help finance the early retirement of coal-fired plants.