Regulation
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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.
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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.
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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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BOE Sets Deadline for UK Firms to Embed Climate Risk
July 7, 2020By end-2021, financial firms will have to be able to demonstrate that their approaches to managing climate-related financial risk have been implemented and embedded in their organisations.
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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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NGFS Publishes Scenarios for Climate Risk Assessments
June 26, 2020The publications will allow NGFS members and the FIs they supervise to better identify, quantify and mitigate climate risks in the financial system.
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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.
