News
The Australian Sustainable Finance Institute published the final recommendations report for the forthcoming local sustainable finance taxonomy on 27 March, lauding “broad consensus across the finance sector, industry, civil society and real economy actors” on its key design elements. The main evolution of the taxonomy during its design phase is greater demand that the document should be flexible to accommodate future priorities.
It was another scarce week for primary deal flow in Australia and New Zealand as markets digested the implications of Credit Suisse’s takeover by UBS. But there were some signs of life as three global high-grade borrowers printed Kangaroo taps, while securitisation flow recommenced with prime residential mortgage-backed securities deals from Firstmac and AMP Bank.
