The HKMA has also finalised its guidance on climate risk management, giving banks until end-2022 to implement the new measures.
January 3, 2022The FSS has introduced a guideline on the management of climate risks in the financial sector. Meanwhile, a green finance handbook will be finalised for publication next year.
December 10, 2021The potential for further credit quality deterioration remains, especially if downside risks from the pandemic materialise and cause prolonged disruptions to economic activity.
December 7, 2021An IOSCO study has helped to “alleviate concerns" about possible financial stability risks or fragilities relating to the ETF structure.
August 16, 2021The PBOC will begin quarterly assessments of 24 major banks on their green finance performance under a new evaluation system starting 1 July.
June 12, 2021The end result will be more robust management of climate-related financial risks across the sector, said BOE governor Andrew Bailey.
June 10, 2021The first gauge of the EU aggregated green asset ratio was estimated at 7.9%. Over half of banks’ overall exposures are to sectors that might be sensitive to transition risk.
May 26, 2021From Q1 2022, banks will need to make general provisions on the net funded country exposures on a graded scale ranging from 0.25 to 20 percent.
April 21, 2021Previously, only major banks were stress-tested. The expanded stress tests are meant to improve risk monitoring and early warning systems.
April 19, 2021If a bank remains above all of its minimum risk-based capital requirements in this year's stress test, the restrictions will end after 30 June.
March 29, 2021