#1 out of 3
business1d ago
Regulators invite feedback for new Malaysia sustainable finance taxonomy
- BNM and SC unveiled a draft for Malaysia's first unified national taxonomy for sustainable finance.
- The plan seeks to align with ASEAN taxonomies to support interoperability and cross-border flows.
- The taxonomy consolidates BNM’s CCPT and the SC’s SRI Taxonomy.
- The draft introduces biodiversity and ecosystem health principles.
- A transition finance guide to accompany amber and green tiers is contemplated.
- Public feedback is due by 14 April 2026 from multiple stakeholders.
- The taxonomy aims to promote circular economy and sustainable use of resources.
- The ASEAN Taxonomy for Sustainable Finance served as a reference point for Malaysia.
- The initiative underscores efforts to prevent greenwashing in financial products.
Vote 0

