This is a trend that Swiss FinTech company ALLINDEX is looking to capitalise on. They are aiming to “democratise customised investments” – allowing individual investors to build customized indexes in a self-service fashion in order to reflect their own ambitions and beliefs.
Bank of America today announced it has established an ESG-themed Issuance Framework (the “Framework”) to further enhance its issuances of green, social, and sustainability bonds and other ESG securities by Bank of America Corporation or any of its subsidiaries.
Leading global e-wallet provider, STICPAY, is calling on world leaders and financial institutions at COP26 to make the shift to cryptocurrencies to reduce the impact of physical, fiat currencies on the planet.
Speaking at COP26 today, Ashley Alder, Chairman of IOSCO (and CEO of the Hong Kong SFC), welcomed the publication by the IFRS Foundation of the prototype for the Climate Disclosure standard to be finalized in 2022 and told delegates that the IFRS Foundation is making good progress towards issuing the climate disclosure standard in 2022.
China’s crackdown has intensified since Beijing announced plans to introduce its own cryptocurrency. The digital yuan, expected to be launched in 2022, will be fully backed by the central bank. In a bid to stamp out crypto competition, initial coin offers and crypto exchanges have been banned, and restrictions on power usage by miners imposed.
A new report – ‘Cash: Roadmap to Sustainability’ – highlights the progress in the last decade and innovative developments underway. It challenges some of the myths and misconceptions about the industry, while also shining a light on the digital payments sector.
Global banks face significant opportunities and challenges when aligning their portfolios with net zero pathways, due to the diverse nature of their business, helping to meet client needs in different sectors and geographies. This guide provides a toolkit that can be used across all sectors and geographies.
The capital provided by Hong Kong’s markets will be crucial in financing China’s – and the wider region’s – path to a net-zero future. It will be to Hong Kong that businesses and entrepreneurs across Asia look to find the capital needed to build the green infrastructure and the transformative products of the future. As economies across the continent continue to develop, and become more economically sophisticated, it will be cash originating in Hong Kong that will wean them off coal and onto green energy.
“We’ve been around for 156 years bridging east and west. We still believe there’s a need to bridge east and west, from a corporate point of view and a trading point of view.”
BSO, in partnership with Geneva-based ImpactScope, a social enterprise providing carbon offsetting solutions to digital asset exchanges and crypto mining companies, has become the first connectivity provider to offer clients that trade cryptocurrencies the means to calculate and offset the excess carbon emissions of their operations.
The International Swaps and Derivatives Association, Inc. (ISDA) has today launched two new whitepapers examining key aspects of the fast-growing market for environmental, social and governance (ESG) transactions, with the aim of establishing robust standards and best practices for this sector.
This is the Bankers for Net Zero initiative, set up by All Party Parliamentary Group (APPG) on Fair Business Banking and transformation-focused business advisory firms Volans and Re:Pattern. In particular, they aim to demonstrate how banks and capital can be leveraged to help finance the path to a net-zero future.
The IOSCO Consultation Report on Recommendations for Sustainability-Related Practices, Policies, Procedures and Disclosure in Asset Management (Consultation Report) focuses on investor protection issues and proposes that securities regulators consider setting regulatory and supervisory expectations for asset managers regarding sustainability-related risks and opportunities.
The Board of the International Organization of Securities Commissions (IOSCO) has today published a report on issuers’ sustainability-related disclosures.
The International Swaps and Derivatives Association, Inc. (ISDA) has published a new US Renewable Energy Certificate (REC) Annex, reflecting increased interest in trading products that help companies meet renewable energy and emissions-reduction targets as part of their environmental, social and governance (ESG) strategy.
