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Principles, Partnership, Prosperity: EU and India launch collaboration on sustainable connectivity

in third countries and regions, including Africa, Central Asia and the Indo-Pacific.
The EU-India Connectivity Partnership covers cooperation in the digital, energy, transport, and people-to-people sectors. It is fundamentally rooted in support for the twin digital and green transitions, adherence to and development of international standards, as well as the shared norms and values of social, environmental, economic and fiscal sustainability and level playing field.
The EU and India today represent a combined market of 1.8 billion people with a combined GDP of €16.5 trillion per year. By 2030, India will be the most populous country in the world with a median age of just 31. Studies point to growth of over 250% in India s core digital economy between 2019 and 2025. ....

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Financial institutions general regulatory news, April 2021 # 4 | Hogan Lovells

Recent regulatory developments of interest to most financial institutions.
Contents
Tackling financial exclusion: House of Lords Liaison Committee follow-up report
Safe harbour provisions to support the wind-down of critical benchmarks: RFRWG letter
Net zero and the future of green finance: Treasury Committee report
UK Future Regulatory Framework Review: BoE speech on PRA policymaking
UK MiFID research and best execution reporting requirements: FCA CP21/9
Strengthening financial promotion rules for high-risk investments and firms approving financial promotions: FCA DP21/1
Compliance, culture and evolving regulatory expectations: FCA speech
Improving effective regulation: FCA speech
Why black inclusion matters: FCA speech
Climate change and sustainable finance: FCA webpage ....

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Questions and Answers: Taxonomy Climate Delegated Act and Amendments to Delegated Acts on fiduciary duties, investment and insurance advice

Met dank overgenomen van Europese Commissie (EC), gepubliceerd op woensdag 21 april 2021.
EU Taxonomy Climate Delegated Act
What is the EU Taxonomy Climate Delegated Act?
The EU s Taxonomy Regulation, which entered into force on 12 July 2020, will help create the world s first-ever “green list” - a classification system for environmentally sustainable economic activities. It will create a common language that investors can use when investing in projects and economic activities that have a substantial positive impact on the climate and the environment. The Regulation tasked the Commission with establishing technical screening criteria through Delegated Acts. The first Delegated Act, politically agreed today by the College of Commissioners, defines the technical screening criteria for economic activities that can make a substantial contribution to climate change mitigation and climate change adaptation. The Delegated Act will be formally adopted at the end of May and ....

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Hong Kong: Green and sustainable finance - How governmental authorities are navigating climate risks

Hong Kong: Green and sustainable finance - How governmental authorities are navigating climate risks
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Hong Kong: Green and sustainable finance - How governmental authorities are navigating climate risks

Green and sustainable finance in Hong Kong
The World Economic Forum Global Risks Report 2020, published in January 2020, highlighted significant risks that will be seen across the world in the next decade. Five of the top ten risks identified were climate-related. As such, governments, central banks, and other financial institutions are being called to action.
According to the United Nations (UN), Asia-Pacific is one of the regions that is most vulnerable to climate change risks. Globally, there have recently been extreme weather events, such as widespread forest fires and rising sea-levels, and Hong Kong saw its hottest summer on record.
Hong Kong Monetary Authority (HKMA) ....

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