The IASB will ensure any proposals work well with the IFRS Sustainability Disclosure Standards due to be issued by the end of Q2 2023.
March 24, 2023The indicators are a first step to help narrow the climate data gap, said ECB executive board member Isabel Schnabel.
January 26, 2023Governance, strategy, risk appetite and risk management requirements take effect on 31 Dec 2023; and scenario analysis and disclosure requirements one year later.
December 6, 2022The FSB and NGFS warn in a new report that current climate scenario analysis exercises “may understate” climate exposures and vulnerabilities.
November 16, 2022The committee will help the FSOC gather information, conduct analysis, and make recommendations to address climate-related financial risks.
October 8, 2022Chair Ravi Menon described the next phase of the NGFS' work as a "move from awareness to action".
June 2, 2022Banks, insurers and asset managers are directed to use the guidance to bolster their resilience to environmental risk and set tangible targets for action.
June 2, 2022Despite high levels of investor support, proposed rules on climate-related disclosures have prompted questions of regulatory over-reach.
May 26, 2022Two new reports shed light on the extent to which climate risks are taken into account by FIs and affect credit ratings.
May 24, 2022The CMIM is being enhanced to allow ASEAN+3 members to use their own and each other's local currencies for CMIM liquidity support.
May 20, 2022