Asia Regulatory and Policy Committee Content

On July 26, 2023, ICI Global joined the attached joint letter to the Securities and Exchange Board of India (SEBI)—together with the Asia Securities Industry and Financial Markets Association's Asset Management Group (ASIFMA AMG), the European Fund and Asset Management Association...

On July 18, the Central Bank of Ireland (CBI) published a discussion paper entitled "An approach to macroprudential policy for investment funds" (Discussion Paper). The CBI is accepting comments until November 15.

ICI Global submitted the attached response to the Australian Treasury on its second consultation on climate-related financial disclosure framework. The proposed framework would require entities (including financial institutions) lodging financial reports under Chapter 2M of the...

On June 22, 2023, the Financial Stability Board (FSB) published a consultation on Enhancing Third-Party Risk Management and Oversight: A toolkit for financial institutions and financial authorities. Comments are due on August 22, 2023, and ICI plans to submit a response. The FSB is...

On 5 July, the Financial Stability Board (FSB) and International Organization of Securities Commissions (IOSCO) each published consultations on liquidity risk management in open-ended funds (OEFs). The FSB and IOSCO are accepting feedback on the consultations by 4 September.

On June 26, 2023, the International Sustainability Standards Board (ISSB) published its first set of sustainability and climate disclosure standards, aiming at creating a common language for corporate disclosure of climate and sustainability-related information. A company using the...

On June 9, 2023, the China Securities Regulatory Commission (CSRC) launched a public consultation on the rules governing public fund investment advisory activities, which is currently conducted under a pilot scheme introduced in October 2019. Under the pilot scheme, eligible fund...

On March 31, 2023, the Japan Financial Services Agency (FSA) finalized amendments to the supervisory guidelines for financial business operators related to ESG Investment Trusts and ESG integration. These revisions provide regulatory guidance on the disclosures and conduct of ESG...

On April 14, 2023, the Stock Exchange of Hong Kong Limited (HKEX) released a consultation paper seeking feedback on mandatory climate disclosure requirements for all Hong Kong-listed issuers. HKEX proposes to transition its current "comply-or-explain" climate disclosure provisions to...

On February 27, 2023, the China Securities Regulatory Commission (CSRC) finalized a set of cybersecurity and data security regulatory requirements (hereafter "the Administrative Measures") for the securities and futures sectors in response to China's three-pronged regulatory framework...