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Showing 1 - 10 of 17 results for "Council of Financial Regulators"

Treasury publishes climate disclosure legislation

RACHEL ALEMBAKIS  |  MONDAY, 15 JAN 2024  |  NEWS
... climate disclosure requirements 2028-29. The review will be led by Treasury, working with the Council of Financial Regulators. Consultation for the draft legislation released today is now open and submissions will close 9 February 2024.

Treasury launches sustainable finance strategy

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
... sustainable finance taxonomy that is being developed by industry with wide consultation from the Council of Financial Regulators. The strategy suggested that the taxonomy could be embedded into regulatory arrangements either by legislation, via financial ...

Industy veterans named to sustainable finance taxonomy working group

RACHEL ALEMBAKIS  |  THURSDAY, 10 AUG 2023  |  NEWS
... first step." TTEG will consist of 25 senior leaders that have been endorsed by the Australian Council of Financial Regulators' Climate Working Group. TTEG will provide strategic direction over, input into and endorsement of an Australian sustainable ...

Jones calls for taxonomy to clarify greenwashing

RACHEL ALEMBAKIS  |  WEDNESDAY, 3 MAY 2023  |  NEWS
... finance taxonomy a "foundational piece" of a sustainable finance architecture and said that the Council of Financial Regulators will oversee the initial development phase of the taxonomy. "The Council of Financial Regulators climate working group - which ...

More greenwashing investigations ahead: ASIC

RACHEL ALEMBAKIS  |  THURSDAY, 2 MAR 2023  |  NEWS
... climate-related disclosure standards, Longo noted that ASIC is working with Treasury and peers on the Council of Financial Regulators as well as contributing to the ISSB standards through their role in IOSCO. "ASIC has for many years advocated for voluntary ...

Australia to introduce mandatory climate reporting

RACHEL ALEMBAKIS  |  TUESDAY, 13 DEC 2022  |  NEWS
... example," and fifth is elevating international engagement. Chalmers also noted that he wrote to the Council of Financial Regulators - which includes the RBA, APRA, ASIC, and Treasury - asking for support for the broader agenda, including disclosure reforms ...

ASIC warns directors over sustainability disclosures

RACHEL ALEMBAKIS  |  THURSDAY, 8 DEC 2022  |  NEWS
... practices," Hughes said. "Our work with peer domestic and international regulators, such as the Council of Financial Regulators Climate Working Group and the International Organization of Securities Commissions Sustainable Finance Task Force is intended ...

APRA publishes results of banking climate vulnerability assessment

RACHEL ALEMBAKIS  |  THURSDAY, 1 DEC 2022  |  NEWS
... respond to the resulting physical and transition risks. APRA undertook the CVA on behalf of the Council of Financial Regulators (CFR) to assess the potential future financial impacts of climate change, and to help banks, insurers, and superannuation ...

RBA governor urges implementation of ISSB standards

RACHEL ALEMBAKIS  |  MONDAY, 19 SEP 2022  |  NEWS
... investors in assessing enterprise value," according to ISSB. Lowe said the RBA is working with the Council of Financial Regulators an with government to make sure that the standards are adopted, noting "it's a really important issue." The Australian ...

RBA warns of climate-related liability risk for business

RACHEL ALEMBAKIS  |  THURSDAY, 25 AUG 2022  |  NEWS
... information on their exposure to climate risk is important in managing liability risk." Kearns said that Council of Financial Regulators Climate Working Group have identified three priority areas for the participants - APRA, ASIC, the RBA and Treasury ...
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