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ASIC And Australian Financial Complaints Authority Sign Memorandum Of Understanding
Date 04/12/2023
The Australian Securities and Investments Commission (ASIC) and Australian Financial Complaints Authority (AFCA) have signed a memorandum of understanding (MoU) setting out how they will continue to work together to support a fair and efficient financial services sector.
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Monetary Authority Of Singapore Launches World’s First Multi-Sector Transition Taxonomy
Date 03/12/2023
The Monetary Authority of Singapore (MAS) today launched the Singapore-Asia Taxonomy for Sustainable Finance (Singapore-Asia Taxonomy) – which sets out detailed thresholds and criteria for defining green and transition activities that contribute to climate change mitigation across eight focus sectors
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"Getting Transition Finance Right" - Speech By Mr Ravi Menon, Managing Director, Monetary Authority Of Singapore, At The COP28 Singapore Pavilion Finance Day On 3 December 2023
Date 03/12/2023
Good morning, ladies and gentlemen. Welcome to the Singapore Pavilion. The theme for today and tomorrow is financing the net zero transition.
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Allied Climate Partners, International Finance Corporation, The Monetary Authority Of Singapore And Temasek Establish A Green Investments Partnership In Asia
Date 03/12/2023
Allied Climate Partners (ACP), International Finance Corporation (IFC), the Monetary Authority of Singapore (MAS) and Temasek announced today the intent to establish a green investments partnership to address climate finance gaps and increase the bankability of green and sustainable projects in Asia, with an initial focus on Southeast Asia.
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DIFC’s Strategic Initiatives Drive Dubai’s Emergence As A Global Hub For Sustainable Finance Fundraising, Leadership, Innovation And Capacity Building
Date 03/12/2023
- DIFC launches Sustainable Finance Catalyst to scale sustainable finance from Dubai enabled by first AI-driven sustainability knowledge hub.
- Sustainable Finance Catalyst set to grow sustainable finance raised from Dubai to USD100 billion by 2030.
- The Sustainable Finance Catalyst aims to support 1 million future sustainability leaders by providing easy access to curated sustainability training programmes, knowledge and toolkits, networking and events.
- 20% of Dubai Future District Fund allocated to back sustainability-driven tech and innovation ventures.
- DIFC Awards 2023 Prototypes for Humanity Winners with Innovation Licence to accelerate growth.
- The year-long Path to COP28 programme, co-delivered in partnership with GEFI culminates in a series of climate finance related events in DIFC from 3 to 8 December
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IOSCO Publishes A Consultation Report To Promote The Integrity And Orderly Functioning Of The Voluntary Carbon Markets (VCMs)
Date 03/12/2023
The Board of the International Organization of Securities Commissions (IOSCO) today has launched a 90-day public consultation (Consultation Report) outlining a set of Good Practices to promote the integrity and orderly functioning of the Voluntary Carbon Markets (VCMs).
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OECD Economic Outlook
Date 02/12/2023
The global economy continues to confront the challenges of inflation and low growth prospects. GDP growth has been stronger than expected so far in 2023, but is now moderating on the back of tighter financial conditions, weak trade growth and lower business and consumer confidence. Risks to the near-term outlook remain tilted to the downside and include heightened geopolitical tensions, for example due to the evolving conflict following Hamas’ terrorist attacks on Israel; and a larger-than-expected impact of monetary policy tightening. On the upside, growth could also be stronger if households spend more of the excess savings accumulated during the pandemic.
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US Treasury: Announcement Of Pledge To Second Replenishment Of The Green Climate Fund
Date 02/12/2023
Today, the Biden-Harris Administration announced the United States’ multi-year pledge of $3 billion for the Green Climate Fund (GCF) for its Second Replenishment (GCF-2), 2024-2027.
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CFTC Commitments Of Traders Reports Update
Date 01/12/2023
The current reports for the week of November 28, 2023 are now available. Report data is also available in the CFTC Public Reporting Environment (PRE), which allows users to search, filter, customize and download report data.
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Office Of The Comptroller Of The Currency Publishes 2024 Assessments For National Banks And Federal Savings Associations
Date 01/12/2023
The Office of the Comptroller of the Currency (OCC) is publishing its assessment rates for the 2024 calendar year. The OCC is maintaining the 2023 rates in the general assessment, independent trust, and independent credit card fee schedules, and is not adjusting assessment rates for inflation.
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