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The Zhitong Finance App has learned that the Hong Kong Monetary Authority is studying requiring banks to strengthen climate finance information disclosure. Assistant Chief Executive of the HKMA (Banking Policy) Chen Yi said that the Bureau plans to conduct an investigation next year to understand how banks use the “Hong Kong Sustainable Finance Classification Catalogue”. The survey results will determine how to incorporate the catalogue into regulatory practices.
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The Zhitong Finance App has learned that the Hong Kong Monetary Authority is studying requiring banks to strengthen climate finance information disclosure. Assistant Chief Executive of the HKMA (Banking Policy) Chen Yi said that the Bureau plans to conduct an investigation next year to understand how banks use the “Hong Kong Sustainable Finance Classification Catalogue”. The survey results will determine how to incorporate the catalogue into regulatory practices.
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