International

Sustainable Finance

New Alliances Target Energy Infrastructure, Lower Emissions

By Mark Johnston | 05/11/2021

The GEAPP has committed $100bn to clean energy infrastructure. ADB announced a plan to finance early closures of coal plants in Indonesia and the Philippines.

Climate Risk

NGFS Members Reaffirm Commitment to Climate Action

By Editors | 05/11/2021

The “NGFS Glasgow Declaration” pledges central banks and supervisors to continue fostering action on climate change and greening the financial system.

Climate Risk

Pace of Change Open to Question on COP26 Finance Day

By ESG Investor | 04/11/2021

Finance sector commitments are strongly in evidence, but NGOs and asset owners call for increased fossil fuel focus.

Structural Regulation

DSB Seeks Feedback on Legal Framework for UPI Service

By Editors | 04/11/2021

The Derivatives Service Bureau proposes to use a single overarching legal agreement for users subscribing to OTC ISIN and UPI Services.

Reporting & Disclosures

ISSB Offers “Baseline” for Global Sustainability Reporting

By ESG Investor | 04/11/2021

The IFRS Foundation has officially launched its International Sustainability Standards Board and plans to issue a new climate disclosure standard next year.

Sustainable Finance

Emerging Markets Rapidly Progressing Sustainable Finance Frameworks

By Sanday Chongo Kabange | 03/11/2021

The Sustainable Banking and Finance Network says 32 member countries have launched national frameworks that set expectations for FIs to manage ESG risk.

Capital Adequacy

UK Postpones Consultation Signalling Basel III Implementation Delay

By Editors | 03/11/2021

Implementation of the final Basel III requirements will not take place in the UK according to the globally agreed timeline.

Reporting & Disclosures

IOSCO Finalises Guidance on Preventing Greenwashing in Funds

By Editors | 03/11/2021

IOSCO provides five recommendations for regulators to consider as they develop sustainability-related rules and regulations for asset managers.

Emerging Prudential Risks

FSB Reports Progress to G20 on Financial System Resilience

By Editors | 02/11/2021

The FSB emphasises a need to ensure that regulatory frameworks allow for the financial sector to harness the benefits of innovation while containing the related risks.