New Global Standard Setter for Corporate Sustainability Drafts 1st Guidelines April 5, 2022 By Huw Jones A new global standard setter for company sustainability reporting set out its first draft guidelines on Thursday [March 31], entering...
Crypto Market Risks Should Be Priority for Global Regulators: Financial Stability Board February 16, 2022 By Huw Jones and Tom Wilson Risks from the $2.6 trillion crypto market could grow quickly and regulators need pre-prepared measures to bring the sector to...
Corporate Climate Risk Disclosures Still Falling Short, Regulators Say October 15, 2021 By Huw Jones and Simon Jessop Around half of companies assessed have begun to apply globally agreed climate-related disclosure standards for helping investors to pick firms...
Remote Working Causes Cyber Attacks to Skyrocket, Says Financial Stability Board July 13, 2021 By Huw Jones Financial firms may need to bolster their defenses in the face of rocketing cyber attacks after employees began working from...
Global Financial Regulators Seek Coordinated Response to Climate Change Risk July 7, 2021 By Nicholas Comfort The world’s top financial regulators want to coordinate efforts to prepare for potential risks from climate change as authorities still...
Japanese Insurers Struggle with Climate Change Cost Estimates June 25, 2021 By Leika Kihara and Takahiko Wada TOKYO – As the world tries to price the cost of climate change, Japan’s second largest non-life insurer MS&AD foresees...
Explaining Climate Change and Financial Disclosure for Insurers June 25, 2021 TOKYO – Japanese financial institutions are struggling to put a price tag on the cost of climate change, an effort...
G20 Companies to Face Common Disclosure Requirements for Climate Risks April 6, 2021 By Huw Jones LONDON – G20 companies will face common disclosure requirements on climate change risks under plans by the Financial Stability Board,...
For First Time, Federal Reserve Cites Climate as Financial Stability Risk November 13, 2020 The U.S. Federal Reserve for the first time called out climate change among risks enumerated in its biannual financial stability...
Inconsistent Data Hinders Climate Risk Comparisons for Insurers, Banks: Regulator July 22, 2020 By Huw Jones Comparing how banks and insurers from different countries cope with climate change is being hampered by a lack of consistent...