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Enforceability “not an issue” once green finance standards kick in

Hong Kong regulators have said they are not concerned about enforceability once a consistent green disclosure mechanism is established, as financial institutions have increasingly sought ESG-related guidance. Shortly after the Hong Kong Monetary Authority (HKMA) announced the green finance framework, representatives from both the HKMA and the Securities and Futures Commission (SFC) discussed the importance of such a framework during…

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