RBI delays climate risk disclosure mandates for banks, citing prioritization concerns and potential costs for corporates.
Federal regulators' plan to dial back supervision of community banks is coming at a dangerous time, writes Elyse Schupak, of Public Citizen. Next year, the Office of the Comptroller of the Currency ...
Climate scenario analysis is an important tool that provides banks with insights to take proactive steps to mitigate losses ...
Financial regulators said the Biden-era policy was superfluous. Democrats said it protected financial stability in an era of unpredictable weather. By Scott Dance and Stacy Cowley Scott Dance reported ...
India's central bank to mandate climate risk disclosures by fiscal year 2027-28 Banks to conduct stress tests for climate impact on borrowers RBI's move follows India's draft framework for ...
Economic models used by governments, central banks and investors are increasingly understating physical climate risk because ...
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ECB fines French bank for climate risk failures
FRANKFURT, Germany — The European Central Bank said Friday it had fined French bank Credit Agricole 7.55 million euros ($9 ...
Climate change should still factor into banks' risk frameworks, credit analysts say, despite bank regulators' recent pullback of climate-related guidance. Processing Content Financial losses at banks ...
By Gopika Gopakumar and Ashwin Manikandan MUMBAI, Jan 29 (Reuters) - India's central bank has put on hold plans to ask domestic lenders to disclose and manage risks from climate change, three sources ...
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