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Showing 21 - 30 of 56 results for %22Council of Financial Regulators%22

ESG product definitions a matter for legislation: ASIC

RACHEL ALEMBAKIS  |  TUESDAY, 2 AUG 2022  |  NEWS
... be set by legislation. ASIC senior executive leader, corporations Claire LaBouchardiere spoke at the recent Australian Council of Superannuation Investors (ACSI) conference, saying that ASIC is taking note of how regulators in other definitions are addressing ...

EY partners to deliver Australian sustainable finance taxonomy

RACHEL ALEMBAKIS  |  THURSDAY, 14 JUL 2022  |  NEWS
... Australian sustainable finance taxonomy. This core group of funders will sit on the Project Steering Committee alongside the Council of Financial Regulators, CEFC and Climateworks Centre, ASFI said. ASFI was established last year as the permanent body ...

Climate change "a first-order risk": RBA

RACHEL ALEMBAKIS  |  THURSDAY, 14 OCT 2021  |  NEWS
... ease of access to capital for both Australian companies and Australian governments, Debelle said. Debelle noted that the Council of Financial Regulators - comprising Treasury, the Australian Prudential Regulation Agency (APRA), the Australian Securities ...

Investors outline roadmap for mandatory climate disclosure

RACHEL ALEMBAKIS  |  TUESDAY, 29 JUN 2021  |  NEWS
... support investment across Australia." The report calls on APRA, ASIC, Commonwealth Treasury and the ASX Corporate Governance Council to issue strengthened guidance and taking other regulatory and legislative steps to establish a clear TCFD-aligned mandatory ...

APRA emphasises "compounding effect" of climate change

RACHEL ALEMBAKIS  |  THURSDAY, 22 APR 2021  |  NEWS
... expectations. "We note that the guidance has been developed in consultation with other Australian financial regulators through the Council of Financial Regulators and APRA's international peers, which should give it further authority in the market." ...

NZ climate disclosure legislation to affect Australian entities

RACHEL ALEMBAKIS  |  THURSDAY, 15 APR 2021  |  NEWS
... disclosures. The ASX Corporate Governance Council's Principles and Recommendations, fourth edition, notes that the Council "would encourage entities to consider whether they have a material exposure to climate change risk by reference to the recommendations ...

Investors back climate bill

RACHEL ALEMBAKIS  |  THURSDAY, 4 FEB 2021  |  NEWS
... given the economics and new technologies, yes it's absolutely achievable." The Australian Industry Group, the Business Council of Australia, the Planning Institute of Australia and the Property Council of Australia have all expressed support for ...

Opinion: Sustainable finance: the new normal in 2021

SIMON O'CONNOR, JACKI JOHNSON  |  THURSDAY, 4 FEB 2021  |  NEWS
... aligning with the Taskforce for Climate-related Financial Disclosures (TCFD) will occur. Recent research by the Australian Council of Superannuation Investors (ACSI) found a fivefold increase of adoption of the TCFD by ASX200 companies. A critical part ...

International sustainability accounting standards bodies to merge

RACHEL ALEMBAKIS  |  THURSDAY, 26 NOV 2020  |  NEWS
The International Integrated Reporting Council (IIRC) and the Sustainability Accounting Standards Board (SASB) will merge into one organisation by mid-2021. The resulting entity, the Value Reporting Foundation, will provide investors and companies with ...

Roadmap outlines sustainable transformation for finance industry

RACHEL ALEMBAKIS  |  TUESDAY, 24 NOV 2020  |  NEWS
... industry bodies such as the Responsible Investment Association Australasia, the Australian Banking Association, the Insurance Council or the Investor Group on Climate Change, but will be informed by those groups, he adds. "The intention is to establish ...