Regulatory Alerts2022-12-09
Added · Updated
Due diligence processes for green and sustainable products
The Hong Kong Monetary Authority issued this Circular on 9 December 2022 to establish due diligence processes for green and sustainable products. The document applies to all Authorized Institutions and mandates specific standards for the assessment and management of environmental and sustainability risks. It serves as a regulatory framework to ensure rigorous verification and transparency in the issuance and distribution of such financial instruments.
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