News Centre

Bursa Malaysia Encourages Greater Sustainability Reporting Compliance With Illustrative Sustainability Report

Date 20/09/2023

Bursa Malaysia Securities Berhad (“Bursa Malaysia” or the “Exchange”) today unveiled the Illustrative Sustainability Report (“ISR”), a novel additional tool to its enhanced sustainability reporting framework. The ISR aims to enhance the commitment of listed issuers to sustainability practices and disclosures, aligned with the increasing importance of sustainability reporting.

ASIC Extends Date For Financial Adviser Registration Requirement

Date 20/09/2023

KEY POINTS

• ASIC is extending the date by which financial advisers must be registered to 1 February 2024.
• After the Treasury Laws Amendment (2023 Measures No. 1) Bill passes into law, ASIC will issue regulatory guidance, conduct webinars, and open the registration portal to commence accepting applications for registration.

Ontario Securities Commission Relaunches Best-In-Class Investor Education Website GetSmarterAboutMoney.ca

Date 19/09/2023

The Ontario Securities Commission (OSC) today relaunched its award-winning investor education website GetSmarterAboutMoney.ca  with new artificial intelligence tools, the latest accessibility features, and significant design innovations.

Remarks By US Secretary Of The Treasury Janet L. Yellen In New York, New York On Treasury’s Principles For Net-Zero Financing & Investment

Date 19/09/2023

Good afternoon and thank you for being here.  

The physical impacts of climate change are impossible to ignore. We’ve seen record-breaking heatwaves that have led to a tragic spike in heat-related deaths and hospitalizations. Unprecedented storms and wildfires are destroying homes and undermining livelihoods. Vulnerable populations globally are disproportionately affected because of where they live and the industries in which they work, and low-income Americans are no exception.

New Zealand Financial Markets Authority: KiwiSaver Holds Firm Through Volatility And Reaches $94BN In March 2023

Date 19/09/2023

The FMA’s latest KiwiSaver Annual report for the year to 31 March shows that KiwiSaver has held firm through a continuing period of market volatility. Total funds in KiwiSaver have grown again this year, by $4 billion, due to contributions of $10.5bn from members, employers, and government. 

Readout: U.S. Department Of The Treasury Senior Leadership Meets With Financial Institution Leaders To Discuss Net-Zero Transition Planning Efforts

Date 19/09/2023

Today, Treasury Secretary Janet Yellen, Under Secretary for Domestic Finance Nellie Liang, and Climate Counselor Ethan Zindler met with leaders from a range of financial institutions. The discussion focused on voluntary best practices and challenges related to developing and implementing net-zero commitments, supporting client and portfolio company transition-related efforts, and mobilizing additional private finance towards the clean energy economy. Earlier in the day Treasury released its Net-Zero Principles for Financing & Investment.

Remarks By US Secretary Of The Treasury Janet L. Yellen At Net-Zero Financial Institution Leaders Roundtable In New York, New York

Date 19/09/2023

Good afternoon. It’s nice to see many of you again.

I’d like to start by expressing my appreciation for the work you and your firms are doing on climate – particularly the support you provide to your clients and portfolio companies to both better manage the risks and take advantage of the opportunities associated with climate change. The steps you’ve been taking are significant.

Readout: U.S. Department of the Treasury Senior Leadership Meets with Technical NGO Leaders to Discuss Net-Zero Transition Planning Efforts

Date 19/09/2023

Today, Treasury Secretary Janet Yellen, Under Secretary for Domestic Finance Nellie Liang, and Climate Counselor Ethan Zindler, met with leaders of some of the largest technical non-governmental organizations (NGOs) focused on supporting the implementation of net-zero commitments by financial institutions and facilitating the transition to a clean energy economy. Participants discussed the importance of promoting consistency among voluntary standards and best practices for net-zero transition plans, and identified gaps in available data and technical resources and priorities for future work. In addition, some of these technical NGO leaders announced new commitments to develop further technical work to support financial institutions in developing and implementing net-zero transition plans and related efforts. Earlier in the day Treasury released its Net-Zero Principles for Financing & Investment.

CFTC Grants Two Whistleblower Awards Totaling Over $15 Million

Date 19/09/2023

The Commodity Futures Trading Commission today announced whistleblower awards totaling over $15 million to two whistleblowers who provided significant information and assistance that led the CFTC to bring separate successful enforcement actions. Because the whistleblowers immediately provided reliable information, the CFTC opened the respective investigations shortly after each whistleblower submitted a Form TCR. 

Readout: U.S. Department Of The Treasury Senior Leadership Meets With Philanthropy Leaders To Discuss Net-Zero Transition Planning Efforts

Date 19/09/2023

Today, Treasury Secretary Janet Yellen, Under Secretary for Domestic Finance Nellie Liang, and Climate Counselor Ethan Zindler, met with leadership from philanthropies that support the implementation of financial institution net-zero commitments and related transition planning efforts. The discussion centered on current priorities and outstanding challenges to mobilizing private finance towards the growing clean energy economy of the future. Alongside today’s events, these philanthropic leaders – alongside another philanthropic organization not present (Hewlett Foundation) – announced commitments totaling $340 million over the next 3 years. These funds will be used years to support the continued development of research, data availability, and technical resources intended to help financial institutions develop and execute robust, voluntary net-zero commitments. This funding will also support work to facilitate the transition planning efforts of non-financial sectors of the economy. Earlier in the day Treasury released its Net-Zero Principles for Financing & Investment.