Financial Sector (Climate-related Disclosures and Other matters) Amendment Bill

The bill will amend the Financial Markets Conduct Act 2013, the Financial Reporting Act 2013 and the Public Audit Act 2001 by implementing a single broad policy to broaden non-financial reporting by requiring and supporting the making of climate-related disclosures by certain FMC reporting entities and supporting related matters.

 

The bill would apply to around 230 entities comprising publicly listed companies and large insurers, banks, non-bank deposit takers and managers of registered investment schemes.

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