Regulatory Alerts2024-05-03
Added · Updated
Hong Kong Taxonomy for Sustainable Finance
The Hong Kong Monetary Authority issued the Hong Kong Taxonomy for Sustainable Finance to establish a standardized classification system for environmentally sustainable economic activities. This framework requires authorized institutions to align their green and sustainable banking practices with defined technical screening criteria for sustainability reporting. The document serves as the official regulatory standard to enhance transparency and consistency in the Hong Kong sustainable finance market.
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