MAS head Ravi Menon, who chairs the NGFS, said guidance on transition planning will be produced to help supervisors set expectations for FIs.
June 2, 2023The NGFS is inviting modelling teams to participate and contribute to the development of short-term climate scenarios.
May 25, 2023Climate change is real, but not a serious risk to financial stability, Fed Governor Waller said in a speech in Madrid.
May 12, 2023Key enhancements include the introduction of a new five-year scenario, additional assessment requirements, and more detailed reporting requirements.
April 24, 2023The FSB's work programme for 2023 includes plans to develop and run a global bank stress test in cooperation with the BCBS.
March 31, 2023V.04 of the nature risks and disclosure framework takes a streamlined approach to metrics through introduction of leading indicators.
March 29, 2023The CVA results suggest that climate risk impacts and bank loan losses are likely to be concentrated in specific regions and industries.
December 1, 2022The FSB and NGFS warn in a new report that current climate scenario analysis exercises “may understate” climate exposures and vulnerabilities.
November 16, 2022The FSB is concerned with record-high debt levels, structural vulnerabilities in crypto, and climate-related financial risks.
November 14, 2022The Climate Data Steering Committee has set out the necessary foundational data that will be included in the initial phase of the NZDPU.
November 11, 2022