All posts tagged "climate risk"
-
201Asia-PacificBSP Joins Network for Greening the Financial System
The NGFS membership will strengthen BSP’s collaboration with central banks and supervisors on the effective management of climate risks in the financial sector.
August 4, 2020 -
543FeatureCDSB Issues New Guidance to Mainstream Climate Reporting
The new Climate Guidance will help enhance reporting quality by addressing the lack of decision-useful material climate information for investors.
July 28, 2020 -
348FeatureInconsistent Data Hindering Quantification of Climate Risks: FSB
Multiple layers of uncertainty on the course of climate change give rise to a lack of consistent data and methodologies for translating potential outcomes into financial exposure estimates.
July 23, 2020 -
908Big PictureThe Role of Derivatives Markets in Sustainable Finance
The derivatives market can contribute in the transition towards a low-carbon economy, due its ability to facilitate capital-raising via the hedging of risks related to sustainable investments.
July 17, 2020 -
1.7KAML / KYCSustainable Supply Chains and the Role Banks Play
Incoming rules from the EU, UK, Singapore and Hong Kong highlight the need for banks to gain a better understanding of the third party and supply chain risks their customers face.
July 15, 2020 -
843FeatureFSDC Proposes Measures to Advance Hong Kong as ESG Hub
Hong Kong needs a more coordinated policy environment and an ESG policy roadmap, to provide greater certainty and foster confidence for institutional investors, the FSDC says.
July 14, 2020 -
335Capital RegulationBOE Sets Deadline for UK Firms to Embed Climate Risk
By end-2021, financial firms will have to be able to demonstrate that their approaches to managing climate-related financial risk have been implemented and embedded in their organisations.
July 7, 2020 -
740FeatureHKMA Sets Out Principles for Supervisory Approach on Climate
The HKMA expects the results of the industry greenness self-assessments in August 2020, which will inform its supervisory expectations ahead of a consultation next year.
July 1, 2020 -
694FeatureNGFS Publishes Scenarios for Climate Risk Assessments
The publications on reference scenarios and monetary policy will allow NGFS members and the FIs they supervise to better identify, quantify and mitigate climate risks in the financial system.
June 26, 2020 -
2.4KHong KongHKMA Publishes Banking Sector Talent Gap Findings
Key skill gaps in the banking workforce were identified in areas relating to technology and data, cybersecurity, core banking knowledge, regulation and compliance, and climate risk management.
June 19, 2020
