HK SFC could do more on new ESG guidelines: ACGA
The regulator could focus more on corporate governance and work with HKEx to drive disclosure standardisation, says Nana Li of the Asian Corporate Governance Association.
New Hong Kong guidelines on environmental, social and governance-related disclosures by asset managers have been broadly welcomed by industry experts as beneficial for investors.
But some feel the regulator could do more, and should be putting more focus specifically on corporate governance; that is, how companies are run.
“This initial step by the SFC [Securities and Futures Commission] to enhance ESG disclosure of its authorised funds is timely to make sure Hong Kong is catchi…
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