Latest regulatory development in Hong Kong's green finance

The development of green finance has been accelerating in Hong Kong, with local regulatory authorities HKMA and SFC publishing more guidelines and announcing new requirements in this regard. These new guidelines and requirements concern climate-related risk management of Authorised Institutions and collective investment schemes, as well as green bond issuance and ESG funds. Banks, fund managers, bond issuers, other financial institutions and industry practitioners should adapt to the new environment and adjust their strategies swiftly to capture the evolving opportunities in green finance.

Find out more about the latest regulatory development in green finance and how Deloitte can help:

• HKMA: Guideline on the Green and Sustainable Finance Grant Scheme (GSF Grant Scheme)
• HKMA: Consultation letter on the draft Supervisory Policy Manual on climate risk management (the ‟GS-1”)
• SFC: Circular to management companies of SFC-authorised unit trusts and mutual funds – ESG funds
• SFC: Consultation conclusions on the management and disclosure of climate-related risks by fund managers