All posts tagged "climate risks"
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266Capital / LiquidityBNM Calls on FIs to Start Preparing for 2024 Climate Stress Tests
BNM has proposed a framework for the 2024 CRST exercise to assess the resilience of Malaysian FIs to physical and transition risks arising from various climate scenarios.
July 4, 2022 -
607ESG / SustainabilityMAS Issues New Guidance on Environmental Risk Management
Banks, 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, 2022 -
513Capital / LiquidityBCBS Progresses Work on Climate Risk, Crypto Assets
The BCBS will soon publish its final set of principles on managing climate-related financial risks, and a second consultation on the treatment of banks' crypto-asset exposures.
June 1, 2022 -
462ESG / SustainabilityUS SEC Funds Proposals Aim to Tackle Greenwashing
Asset managers will be required to justify their use of ESG labels under new proposals from the SEC.
May 27, 2022 -
489Capital / LiquidityBOE Publishes Results of First Supervisory Climate Stress Test
Without early action, the UK's largest banks and insurers would suffer climate-related losses worth $418bn by 2050.
May 25, 2022 -
410Asia-PacificCBSL to Incentivise Green Finance, Create Taxonomy
Sri Lanka's banks and the private sector need to be incentivised to make investments in low carbon energy projects, the CBSL said.
March 30, 2022 -
453ESG / Sustainability
US SEC Proposes to Phase In Mandatory Climate Disclosures
The SEC proposes that the first climate-related disclosures would be made by larger companies in 2024, for the fiscal year 2023.
March 22, 2022 -
355ChinaSkills Gap a Key Bottleneck for Macao Financial Sector: IMF
The IMF proposes a multi-prong approach to bridge the skills gap and support the development of modern financial services in Macao.
February 3, 2022 -
495Capital / Liquidity
BCBS Consults on Principles for Banks’ Management of Climate Risks
The principles offer guidance for banks on corporate governance, internal control frameworks, risk management, risk reporting, and scenario analysis, among other areas.
November 17, 2021 -
311ESG / SustainabilityUK Climate Reporting Legislation for Companies “Lacks Ambition”
The existing scope of companies falling under new requirements is too narrow and TCFD alignment not close enough, says ClientEarth.
November 3, 2021
