Archive

Make international transition finance work more coherent, Japanese bank urges

A plethora of guidance and frameworks on transition finance complicates efforts to focus private capital to where it is most needed, according to a senior banker at Sumitomo Mitsui.

BoJ analysis shows need to improve link between scenarios and transition plans, banks say

The results of scenario analysis by three Japanese megabanks suggest improvements are needed to better link the assessments with corporate transition plans if they are to be used in a similar way to conventional stress tests, according to the Bank of Japan.

People Moves, 11 July: Clifford Capital, Japan FSA, BNY, Revaia_ ... and more

Ikeda departs Japan Financial Services Agency

Joint engagement should avoid box-ticking, Japan's FSA says as it revises Stewardship Code

Signatories to Japan ESG data code of conduct rise to 28

Regulators divided on value of transition plans for ensuring financial stability

Financial regulators globally are divided on whether climate transition plans should be used to assess financial institutions' risk management, according to a report by the Financial Stability Board (FSB).

Rush to regulate ESG ratings raises risk of having to backtrack, Japan FSA chief says

The EU risks having to "backtrack" on its regulation of disclosure by providers of ESG ratings, according to a Japanese regulator.

Japan embraces impact investing in pursuit of a 'new form of capitalism'

Prime minister Fumio Kishida is on a mission to harness impact investment to spur economic growth in Japan. How might it transform the market, asks Michael Hurley

Japan sets timeline for disclosure standards based on ISSB work

Japanese sustainability disclosure standards based on international efforts will be ready in draft form by April 2024, with final standards published up to a year later, according to the body tasked with developing the work.