Asia-Pacific
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Inconsistent Data Hindering Quantification of Climate Risks: FSB
July 23, 2020Multiple layers of uncertainty on the course of climate change give rise to a lack of consistent data and methodologies for translating potential outcomes into financial exposure estimates.
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Sustainable Supply Chains and the Role Banks Play
July 15, 2020Incoming rules from the EU, UK, Singapore and Hong Kong highlight the need for banks to gain a better understanding of the third party and supply chain risks their customers face.
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FSDC Proposes Measures to Advance Hong Kong as ESG Hub
July 14, 2020Hong Kong needs a more coordinated policy environment and an ESG policy roadmap, to provide greater certainty and foster confidence for institutional investors, the FSDC says.
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ASIC Directs Listed Firms to Disclose Covid-19 Impacts
July 9, 2020Firms should “tell the story” of how their businesses are impacted by the Covid-19 pandemic, including support and assistance received from government, lenders, landlords and others.
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DBS Unveils Sustainable Finance Framework for Clients
July 1, 2020The framework and taxonomy will help DBS clients transition to more sustainable business models, providing them transition financing to do so.
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HKMA Sets Out Principles for Supervisory Approach on Climate
July 1, 2020The HKMA expects the results of the industry greenness self-assessments in August 2020, which will inform its supervisory expectations ahead of a consultation next year.
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MAS Consults on Environmental Risk Management Guidelines for FIs
June 26, 2020The guidelines set out MAS’ supervisory expectations for banks, insurers and asset managers in their governance, risk management, and disclosure of environmental risk.
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MAS Seeks Cooperation with China on Green Finance
June 23, 2020MAS managing director Ravi Menon suggests that China and Singapore work together to create frameworks for green and sustainability-linked loans, customised for Chinese and Singaporean SMEs.
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KRX to Waive Fees for Issuers of ESG Bonds – Report
June 5, 2020KRX will also launch a centralised platform where investors can obtain the investment information and disclosures of each bond, as it seeks to bolster ESG bond markets.
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China: Fossil Fuel Projects No Longer Eligible for Green Bond Financing
June 3, 2020The removal of clean coal from the list of eligible projects will make it easier for foreign investors to play a greater role in China’s sustainable debt market.
