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"Global Watchdog Urges Banks to Disclose Detailed Climate Risks"

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Source: bis.org
"Global Watchdog Urges Banks to Disclose Detailed Climate Risks"
Photo: bis.org
TL;DR

The Basel Committee on Banking Supervision has released a public consultation paper on a Pillar 3 disclosure framework for climate-related financial risks, as part of its efforts to address these risks to the global banking system and enhance financial stability. The Committee is analyzing how such a framework would strengthen the regulation, supervision, and practices of banks worldwide.

Topics:businessfinance#basel-committee-on-banking-supervision#bcbs#climate-related-financial-risks#finance#global-banking-system#pillar-3-disclosure-framework
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  1. Disclosure of climate-related financial risks  bis.org
  2. Global watchdog proposes detailed climate disclosures from banks  Reuters
  3. Banks could face rules on climate risk reporting  ZAWYA
  4. View Full Coverage on Google News

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