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Futureproofing, collaboration and alignment at the heart of XRB’s regime
New Zealand’s External Reporting Board has progressed to the second consultation document stage as it prepares local mandatory climate-risk reporting standards. In the challenging areas of strategy, and metrics and targets, the board says it has been guided by the principles of futureproofing, collaboration and international alignment.
Westpac’s domestic print resets pricing but uncovers robust underlying demand
Westpac Banking Corporation reopened the Australian dollar credit market on 10 March, offering a significant pricing concession to secondary marks. The execution reflected the reality of a volatile environment but it also received substantial support from local real money in particular.