Earlier this the year New Zealand passed legislation for mandatory climate related disclosures. This week the Australian Prudential and Regulation Authority published results of a self-assessment of regulated entities alignment with the CPG Climate Change Financial Risks based on the work Taskforce for Climate Related Disclosures (TFCD).
While APRA -regulated entities are doing good job following regulatory guidance in governance and disclosure, but still have a lot of work to do in embedding climate risk across their organisations.
This week results climate change risks self-assessment survey of alignment of medium to sixty-four large banks, insurance, and superannuatio...
The Australian Securities and Investments Commission (ASIC) published updates in the Regulatory Guide 263 Financial Services and Credit Panel, the new INFO sheet 273 Financial Services and Credit Panel (FSCP) decisions: Your Rights and published Report 734: Response to submissions on CP 359 Update RG263 Services and Credit Panel (Rep 734...