Regulation
-
Korea Kicks Off First Meeting of New Green Finance Task Force
August 14, 2020The task force will establish a monitoring system for climate-related financial risks, lead efforts to boost investment in green industries, and promote ESG investing in Korea.
-
Bursa Malaysia Amends Listing Rules to Protect Shareholders
August 14, 2020Disclosures requirements applicable to new issues are enhanced, director independence is strengthened, and transparency on loans linked to controlling shareholders is improved.
-
Taiwan to Introduce Social & Sustainability bonds by Year End
August 6, 2020Taiwan’s FSC will direct OTC market operator Taipei Exchange to develop new guidelines for issuing social and sustainability bonds.
-
BSP Joins Network for Greening the Financial System
August 4, 2020The NGFS membership will strengthen BSP’s collaboration with central banks and supervisors on the effective management of climate risks in the financial sector.
-
OFAC Sanctions Chinese Entity Over Human Rights Abuses
August 4, 2020The XPCC is considered by OFAC to be a paramilitary organisation with large commercial operations that that are likely to be impacted by US sanctions.
-
IMF Publishes New Transparency Code for Central Banks
August 4, 2020The voluntary code allows central banks to measure transparency, which the IMF says is necessary to facilitate accountability and enhance public trust and support.
-
Malaysia Issues Director Conduct Guidelines for Listed Issuers
July 30, 2020The guidelines set out the obligations of directors of listed companies and their subsidiaries, and requirements for the establishment of group-wide frameworks.
-
PBOC to Punish Banks Based on Green Finance Performance
July 27, 2020The PBOC’s branches will grade banks on their green finance performance quarterly starting in January 2021, using a set of quantitative and qualitative indicators.
-
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.
-
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.
