Climate risk disclosure for fund managers - Time for action

July 2022

In 2021, Hong Kong’s Securities and Futures Commission (SFC) announced new guidelines on how fund managers should manage climate-related risks and how these risks should be disclosed to their investors. These guidelines have been incorporated into the SFC’s Fund Manager Code of Conduct (FMCC) and will need to be followed by all fund managers with at least HK$8bn in assets under management (AUM) from 20 August 2022. Smaller fund managers will need to get on board from November 2022. The approaching deadline may present challenges for fund managers.

Click to read how lawyers at Tiang & Partners and Advisory and ESG professionals at PwC Hong Kong advise investment funds on how to best meet the SFC’s new requirements and how to develop their climate frameworks and disclosure documentation.