Integrating Climate Change and Principles-Based Taxonomy (CCPT) in Financial Institutions’ Business

ABOUT THE PROGRAMME

Bank Negara Malaysia (BNM)’s Climate Change and Principle-based Taxonomy (CCPT) is intended for Financial Institutions (FIs) to integrate climate-related risks and considerations into their business strategies and risk management practices. FIs commenced half yearly submissions to BNM beginning July 2022 on their exposures in line with the CCPT guiding principles and classification system. By understanding and managing climate risks, FIs play a critical role in accelerating their customers transition towards more sustainable practices in business operations and in turn, protects an FI’s assets to ensure long term financial stability. Failure to recognise and manage these risks may lead to substantial financial consequences for businesses, as well as FIs that provide financing or investment to those exposed to such risks.

This webinar dives into the CCPT’s framework and structure of climate change principles and its relevance to FIs. Climate change challenges on FIs will also be examined including its mitigation and adaptation strategies in developing a sustainability focused strategy with an assessment to specific sectors environmental issues. In addition, the impact of climate change which manifests in various dimensions and influences an FI’s business operations will be discussed together with the CCPT’s key elements that should be embedded within the due diligence of customers. Given that Islamic financial institutions in Malaysia are encouraged to assess its impact to the environment and society to ensure alignment with the Maqasid Shariah, the speaker will review how FIs may adopt the taxonomy with inclusion of the five principles of Maqasid Shariah. The webinar will also discuss new opportunities and assess new market demands and customer preferences influenced by CCPT as well as case studies of FIs taking advantage of new opportunities

LEARNING OUTCOMES

• Review BNM’s CCPT and its relevance to FIs.
• Analyse the challenges of climate change risks on FIs in Malaysia to develop a sustainability-focused strategy.
• Assess the impact of climate change on an FI’s business operations through its green financing, investments and advisory activities in the capital market.
• Discuss the adoption of the CCPT with the principles of Maqasid Shariah.
• Analyse new opportunities and growth areas for FIs under the CCPT.

WHO SHOULD ATTEND

• Risk Management Practitioners & Compliance Officers
• Chief Executive Officers & Investment Bankers
• Corporate Finance Advisers, Corporate Bankers, Financial Advisers, Islamic and Debt Capital Markets Professionals
• Individuals interested in integrating CCPT in FIs business.

SPEAKERS

Phang Oy Cheng,

Partner, Head of Sustainability Advisory, KPMG Malaysia

FEE
MIBA Member : RM800.00 per participant
Non-MIBA Member : RM950.00 per participant
*10% discount applies for group registration of 5 or more from the same organisation

The closing date for the registration is on Wednesday, 27 September 2023.

REGISTRATION IS CLOSED

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.