Overview

Climate risk management as part of the broader Environmental, Social, and Governance (“ESG”) agenda has been a hot topic in the market. Hong Kong Monetary Authority (“HKMA”) and Securities and Futures Commission (“SFC”) have issued guidelines to lay down their expectation to the regulated entities on how such risk should be managed.

Objective

Through sharing of practical solutions as well as the key considerations and challenges for the industry to meet the regulatory requirement, this webinar will help participants
­- Aware of the critical path to implement the climate risk management
­- Know the range of the climate risk management tools
­- Tell the overall compliance of regulatory requirements

Content

­- Overview of the compliance journey by the industry so far
­- Sharing of practical solutions to comply with requirements under the Supervisory Policy Manual of HKMA GS-1 “climate risk management” and SFC’s Fund Manager Code of Conduct (“FMCC”)
­- Key challenges and lessons learned

Who should attend

Participants within the functions of compliance, risk management and fund managers from banks or licensed corporations.

Prior knowledge of Supervisory Policy Manual of HKMA GS-1 “climate risk management” and SFC’s Fund Manager Code of Conduct (“FMCC”) would be recommended.

Financial Incentive Scheme of the WAM Pilot Programme

This is one of the eligible courses / seminars under the Financial Incentive Scheme (“The Scheme”) of the WAM Pilot Programme.

Eligible in-service practitioners of the financial services industry could apply for a reimbursement up to 80% of the course / seminar fees, or a maximum of HK$10,000 per person for courses/seminars held for the period from 1 October 2016 to 31 August 2022 upon satisfactory completion.

Each individual may apply for reimbursement for more than one course / seminar subject to a maximum of HK$10,000 but each course / seminar can only be reimbursed once.

The duly signed application form together with the FIVE supporting documents must be submitted within FOUR months from the last day of the course / seminar attended. Please refer to the WAM Pilot Programme website for more details.

WAM Pilot Programme Special Requirements

If you plan to apply for reimbursement under the Financial Incentive Scheme (FIS), please ensure your device/computer has the camera feature or with webcam installed as you are required to turn on your camera throughout the webinar.