Sustainable Investor
Regulation
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Taiwan FSC Releases Corporate Governance, Sustainability Roadmap
August 27, 2020From 2024, all financial firms and listed companies with paid-in capital over $340mn will be required to have at least one-third of their boards made up of independent directors.
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Taiwan FSC Unveils Green Finance Action Plan 2.0
August 21, 2020The action plan seeks to promote green and sustainable financial markets, improve ESG disclosures, and establish a classification standard for the financial industry.
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SEBI Consults on New Format for Sustainability Reporting
August 19, 2020The top 1,000 listed entities by market cap can adopt the new format voluntarily for the financial year 2020-21. It will become mandatory from the financial year 2021-22.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
