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Singapore Financial Regulator Announces Initiatives On Climate Disclosures, ESG Capacity Building And More - Finance and Banking


On May 19th, 2021, Singapore s Green Finance Industry Task
Force (
GFIT), an industry-led initiative convened
by the Monetary Authority of Singapore (
MAS),
issued a detailed implementation guide for climate-related
disclosures by financial institutions (
FIs) and
a whitepaper on scaling green finance in
the real estate, infrastructure, fund management and transition
sectors. In addition, the GFIT has established a framework to help
banks assess eligible green trade finance transactions and will
launch a series of ESG-related capacity building workshops and
e-learning modules from May 2021 to April 2022 for FIs and
corporates.
In an 
announcement, Ms. Gillian Tan, Assistant Managing Director
(Development and International) at the MAS, said: ....

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