ESG / Sustainability

AML / KYC

UK, UAE Launch New Toolkit Targeting Illegal Wildlife Trade

By Editors | 04/03/2022

Financial institutions worldwide are urged to adopt the toolkit; share it with colleagues, peers and industry partners; and take action to stamp out IWT.

ESG / Sustainability

APRA to Survey Regulated Entities on Climate Risk Management

By Sanday Chongo Kabange | 03/03/2022

The survey will assess the alignment between current approaches used by regulated entities and the expectations set out in CPG 229 and the TCFD recommendations.

Fintech / Regtech

Cambridge CCAF Launches Crypto Research Project

By Sanday Chongo Kabange | 02/03/2022

The research project will cover the environmental implications and broader ESG considerations of digital assets and their associated services, among other themes.

ESG / Sustainability

Bursa Malaysia Launches New Initiative to Boost Appeal of PLCs

By Editors | 02/03/2022

Five digital guidebooks will be issued in 2022, to help publicly listed companies adopt best practices in areas such as governance and sustainability.

Market Infrastructure

ESMA Consults on Climate Risk Stress Testing Approach for CCPs

By Sanday Chongo Kabange | 02/03/2022

ESMA has identified four elements of climate risk that may adversely impact CCPs – physical risk, rapid transition risk, business risk, and collateral replacement risk.

ESG / Sustainability

UK, Singapore Bolster Cooperation on Data Flows, Financial Services

By Editors | 01/03/2022

The UKSDEA promotes free flows of data between the UK and Singapore including in financial services. Both countries will work towards recognising each other’s digital identity systems.

AML / KYC

EC Adopts Proposal on Corporate Sustainability Due Diligence

By Manesh Samtani | 28/02/2022

The proposal requires companies, including certain non-EU companies, to address negative human rights and environmental impacts in their supply chains.

Capital / Liquidity

PBOC Concludes First Phase of Climate Risk Stress Tests

By Editors | 27/02/2022

Defaults in the thermal power, steel and cement sectors may increase if companies in those sectors do not shift to low-carbon alternatives.

ESG / Sustainability

HK FRC Establishes Sustainability & Climate Action Task Force

By Editors | 24/02/2022

The task force will provide high level recommendations on strategic actions the FRC should consider to promote sustainability reporting in Hong Kong.