Joining regulators around the world who are increasingly concerned about the impact of climate change on financial institutions, the Hong Kong Money Authority (HKMA) recently set out a supervisory approach designed to ensure banks build resilience to climate-related risk.
While big data offers unparalleled opportunities for analysis and forecasting there are also serious ethical concerns surrounding data privacy issues that must be balanced. As such, the Hong Kong Monetary Authority (HKMA) are pushing for the adoption of an Ethical Accountability Framework (EAF) in the collection and use of personal data. The report on the […]
Of the top ten countries rated by the World Bank as the most friendly to business, all leverage XBRL to some extent in their regulatory reporting.
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