On 4 March 2022, the Hong Kong Securities and Futures Commission (SFC) hosted an industry workshop on ESG fund applications. During the workshop, SFC staff shared observations and regulatory expectations for how a fund could demonstrate its compliance with the Circular to management...
ICI Global held two workshops on 9 February and 16 February for members to discuss questions, approaches, and challenges to implementing new ESG-related requirements in Singapore and Hong Kong, respectively.
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).
This memorandum catalogues significant ESG related developments that have occurred since October. It references ICI memoranda that provide a more fulsome description of each matter.
Summarized briefly below are several recent ESG-related developments that we bring to your attention. A brief description with links to the relevant documents are provided below. We will provide more fulsome memoranda describing these developments in the near future.
This memorandum catalogues significant ESG related developments that have occurred since the beginning of August. It references ICI memoranda that provide a more fulsome description of each matter. You can find all of these memoranda on our website in our ESG Resource Center.
On 20 August 2021, the Hong Kong Securities and Futures Commission (SFC) published the Consultation Conclusions to its October 2020 Consultation on the Management and Disclosure of Climate-related Risks by Fund Managers (Consultation) The Consultation proposed amendments to the Fund...
This memorandum catalogues significant ESG related developments that have occurred since the beginning of June. It references ICI memoranda that provide a more fulsome description of each matter. You can find all of these memoranda on our website in our ESG Resource Center.
On 29 June 2021, the Hong Kong Securities and Futures Commission (SFC) issued the Circular to management companies of SFC-authorised unit trusts and mutual funds - ESG funds (Circular). The Circular supersedes the 2019 Circular on Green or ESG funds and enhances the scope and...
On 10 May 2021, the Hong Kong Securities and Futures Commission (SFC) released the proposed revisions to its 2019 Circular on green or ESG funds[1] (Draft Revised Circular). The SFC intends to update the 2019 Circular and enhance the scope and the disclosure requirements on ESG funds...
