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Asia-Pacific

New Zealand Extends Guidance on Climate Disclosures

The FMA will be covering monitoring, third-party providers, record-keeping and scenario analysis summer 2023. 

New Zealand’s Financial Markets Authority (FMA) is set to introduce additional guidelines on climate-related disclosures to support climate reporting entities (CREs) falling under the scope of mandatory reporting rules.   In October 2021, New Zealand became the first country in the world to pass a law that makes it mandatory for financial…

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