New sustainability rules for Hong Kong MPF schemes
MPF scheme trustees are required to review and assess whether their existing investment and risk management arrangements are in adherence to the principles.
Hong Kong’s Mandatory Provident Fund Schemes Authority (MPFA) has designed a new set of sustainability principles to bring MPF schemes into line with global practice on climate and other issues. MPF trustees must make submissions to the authority by February 2022 explaining where they fall short of the guidelines.
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