Asia Regulatory and Policy Committee Content

On Wednesday, February 16 at 9:00 a.m. HKT (Tuesday, February 15 at 8:00 p.m. EST), ICI will host a workshop for members to discuss questions, approaches, and challenges to implementing two significant ESG-related regulatory developments in Hong Kong that were finalized in 2021.

On 10 November 2021, the Association of Southeast Asian Nations (ASEAN) released Version 1 of the ASEAN Taxonomy for Sustainable Finance (ASEAN Taxonomy), in conjunction with the 26th Conference of the Parties to the UN Framework Convention on Climate Change (COP26).

On November 25, the European Commission issued its proposal on four legislative files, collectively referred to as the "CMU Package." As part of the formal process in the better regulation framework, the Commission has opened a feedback period for each of these proposals until January...

The Financial Stability Board (FSB) issued its final report (Report) on policy proposals to enhance money market fund resilience, including with respect to the appropriate structure of the sector and of underlying short-term funding markets.

As we previously informed you, in September the Securities and Exchange Board of India (SEBI) issued a circular introducing T+1 rolling settlement on an optional basis for Indian equities with an effective date of January 1, 2022.

On November 1, 2021, the CFA Institute published its voluntary "Global ESG Disclosure Standards for Investment Products" (Standards), which it states is designed to enable investors, consultants, advisors, and distributors to better understand, compare, and evaluate ESG investment...

On October 18, 2021, ICI Global submitted the attached letter to the Securities and Exchange Board of India (SEBI) regarding SEBI's circular introducing T+1 rolling settlement on an optional basis for Indian equities with an effective date of January 1, 2022.

ICI submitted a response to the CFA Institute's Exposure Draft of Verification Procedures for CFA Institute ESG Disclosure Standards for Investment Products (Verification Procedures Exposure Draft). The attached document provides ICI's response to questions raised in the Exposure...

On 10 September 2021, the Cross-boundary Wealth Management Connect Pilot Scheme ("Cross-boundary WMC") in the Guangdong-Hong Kong-Macao Greater Bay Area ("GBA") was officially launched.