Bridging the Gaps on Climate Change and Principle-based Taxonomy (CCPT) Reporting

ABOUT THE PROGRAMME

The Climate Change and Principle-based Taxonomy (CCPT) issued by Bank Negara Malaysia (BNM) in 2021 is a crucial framework for financial institutions (FIs) to assess and categorise economic activities and facilitate standardised classification and reporting of climate related exposures to support risk assessments, strengthen accountability and market transparency. Since the commencement of submissions to BNM in 2022, FIs are expected to refine CCPT reporting and rectify any CCPT anomalies, which has resulted in inaccurate classification and varying interpretation. A systematic and consistent classification of economic activities would promote channelling of financial flows to activities that support climate change. It is imperative to integrate climate change considerations in operations and strategies given the impact of climate change on an FI’s value, viability and profitability.

This webinar will delve into the complexities of climate change considerations in CCPT reporting and provide participants an overview of climate and sustainability taxonomy trends and developments in Malaysia and regionally. Guiding principles and considerations for an effective CCPT implementation, sectoral assessment as well as incorporating CCPT into an FI’s Risk Acceptance Criteria will be examined. The webinar will also assess challenges and scenarios faced by FIs in implementing CCPT as well as real life case studies on CCPT application for investment banking clients.

LEARNING OUTCOMES

• Review trends and developments of sustainability taxonomies regionally and in Malaysia;
• Analyse the considerations in embedding CCPT in business operations;
• Discuss the recommended actions in implementing CCPT within the areas of governance, risk management, products, and capacity building; and
• Analyse case studies of companies implementing principles-based taxonomy, their challenges and opportunities.

WHO SHOULD ATTEND

• Risk Management Practitioners
• Compliance & Legal Officers
• Sustainability & ESG Officers
• Investment Bankers, Corporate Bankers, Financial Advisers, Analysts
• Individuals interested in CCPT reporting

SPEAKER

Mr Jimmy Tee, Director, Sustainability and Climate Change, Assurance – Financial Services
Jimmy is a Director in the Assurance practice in Malaysia with over 10 years experiences in the financial services industry. He is mainly involved in the audit engagements for a number of large local banking groups comprising of commercial, Islamic and investment banks and business advisory engagements such as financial due diligence as well as risk and regulation-related engagements in the financial services industry

FEE
MIBA Member : RM900.00 per participant
Non-MIBA Member : RM1,050.00 per participant
*10% discount applies for group registration of 5 or more from the same organisation

The closing date for the registration is on Thursday, 9 May 2024.

TERMS AND CONDITIONS

Payment
Full payment to the following bank account is required with registration, at least one (1) week prior to the date of the programme :
Pay to: MALAYSIAN INVESTMENT BANKING ASSOCIATION
Account No: 8881003952559
Bank Details: AmBank (M) Berhad
Bangunan AmBank Group,
No. 55, Jalan Raja Chulan,
50200 Kuala Lumpur

Please e-mail payment advice to ipay@miba.com.my and state the Invoice No.

Cancellation / Substitution
Cancellations or refunds within one (1) week from the date of the programme will NOT be entertained. Non-attendance does not constitute cancellation and no refund will be given. Substitute(s) will be accepted provided forty-eight (48) hours prior written notice is received.

Data Protection
Personal data is gathered in accordance with the Personal Data Protection Act 2010 (Act 709).

Disclaimer
MIBA reserves the right to change the date, speaker, course contents and programme or cancel the programme in the event of circumstances beyond our control.

For more queries, kindly email education@miba.com.my or contact us at +603-27113991.