Second Party Opinion. Any concerns on the institution’s independence should be disclosed to investors. 2. Verification: An issuer can (or “needs to” in the case of sustainability-linked bonds post issuance
Reporting 15 4.5 Verification 16 5.0 External Review 17 ASEAN Sustainability-Linked Bonds Disclosure Checklist 18 3ASEAN SUSTAINABILITY-LINKED BOND STANDARDS 2022 INTRODUCTION The ASEAN Capital Markets Forum1
) 29 Sites Internal Verification 8 Sites Certified by External Verifier (LPO,RM3,SLY RM9,CWN,UDN,KKN,SMI) 100% Certified of Operation Site by External Verifier 100% Certified of Operation Site by
. Calibration of Sustainability Performance Targets (SPTs) 3. Bond characteristics 4. Reporting 5. Verification The SLBP recommend that issuers publicly communicate their rationale for the selection of their KPI
level of transparency, requiring that the post issuance verification of the issuer’s performance against these targets be made publicly available. This can consequently expose the issuer’s strategy, goal
/ regulatory action 5. Advertising, raising customer awareness • One state regulator describes their role as making advisors reveal their “verification of misconduct” (costly verification) • Conditional on a
Securities and Exchange Commission concerning Verification of Foreign Collective Investment Scheme and Announcement of Qualifying Scheme. Clause 6 In providing service of selling, repurchasing and redeeming
........................................................................................................10 SPTs Calibration ....................................................................................................11 Bond Characteristics, Reporting & Verification
and/or processes relating to environmental sustainability, and an evaluation of the environmental features of the type of projects intended for the use of proceeds. (ii) Verification An Issuer can