The transition periods for implementing the regulatory requirements for climate-related risks now loom much larger than before, following the issuance of the SFC’s Consultation Conclusions on the Management and Disclosure of Climate-related Risks by Fund Managers back in August 2021.

This paper aims to offer some guidance to managers when undertaking their own assessment of relevance and materiality of climate related risks applicable to their CIS (collective investment schemes) under management and indeed how best to manage this process from a compliance perspective. It also summarises some of the SFC’s published guidance on this issue and seeks to put these new requirements into some perspective.

AIMA had a webinar for members today to offer an update on the latest developments, the ongoing work of the AIMA Working Group and discuss key themes from the paper which offers guidance for managers on this topic.

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  Kher Sheng Lee

  Managing Director, Co-Head of APAC and Deputy Global Head of Government Affairs, AIMA

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  Mark Shipman

  Partner of Funds & Investment Management and Co-Head of APAC Financial Services Regulatory Group, Clifford Chance

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  Jeremy Lam

  Partner, Head of Financial Services Practice, Deacons