The Securities Commission Malaysia (SC) has revised its Guidelines on Sustainable and Responsible Investment Funds to include reporting and disclosure requirements for a fund to qualify as a Sustainable and Responsible Investment (SRI) Fund or an ASEAN Sustainable and Responsible Fund (SRF).
The guidelines require SRI funds to adopt certain strategies, disclose certain information in annual and interim reports, and primarily invest 2/3 of its NAV in securities that align with its policies and strategies.
The ASEAN SRF requires compliance with the ASEAN Sustainable and Responsible Fund Standards issued by ACMF.
Malaysia has also launched the world’s first Shariah-compliant carbon exchange and plans to launch a sustainability reporting platform in 2023.
The Guidelines should be read in full and can be downloaded here:-
Please refer to the Summary of Amendments and the Frequently Asked Questions released by the SC for further information as below:-
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