Asia Newsletter | April 2022

Asia Newsletter

NEWSLETTER: Are you green ready? Deadlines are fast approaching, for the asset management sector in particular to be ready for new rules on environmental and climate change risk.

Singapore is going first, with MAS expecting Singapore licensed banks, insurers and asset managers to have implemented their sector focused Guidelines on Environmental Risk Management by June 2022.

Hong Kong will follow next, as highlighted in our feature below, with deadlines of August 2022 and November 2022 for larger and smaller asset managers respectively to meet the new SFC Climate Change related risk management requirements.

Over in the UK, the FCA recently published a new ESG sourcebook, which is mainly relevant to larger firms within the scope of the climate related disclosure rules, and to smaller in-scope firms from next year. Check out our article below if this is of interest.

And finally, we’re expanding our Regulatory Radar Managed Service which is the latest offering in our suite of managed services where we combine technology with compliance expertise.

Rebecca Thorpe
Head of Asia

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