All posts tagged "environmental risk"
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449KoreaKorea FSS Calls on Financial Sector to Disclose Climate Risks
The FSS plans to release guidelines on the disclosure of environmental information and develop a tool to stress test financial resilience to climate risk.
September 24, 2020 -
628MalaysiaMalaysian FIs to Pilot Implementation of Climate Risk Taxonomy
This month, 12 financial institutions will commence a pilot to implement a principles-based taxonomy for classifying climate risk, one of a number of initiatives to build climate resilience.
September 17, 2020 -
1.5KInternationalNGFS Seeks Wider Adoption of Environmental Risk Analysis at FIs
The NGFS is calling for wider use of ERA in the financial industry, offering case studies to showcase the adoption of ERA tools and methodologies by some FIs.
September 11, 2020 -
468International
NGFS Publishes Two-year Work Programme, New Charter
A new NGFS workstream being created will identify missing data items needed for effective climate-related and environmental risk analysis.
September 7, 2020 -
1.0KBig 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 -
2.1KAML / 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 -
916FeatureFSDC 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 -
813FeatureHKMA 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 -
2.4KFeatureMAS Consults on Environmental Risk Management Guidelines for FIs
The guidelines set out MAS’ supervisory expectations for banks, insurers and asset managers in their governance, risk management, and disclosure of environmental risk.
June 26, 2020 -
785Feature
NGFS 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
