Legal & Regulatory News

BCBS report on climate-related financial risk initiatives

30 April 2020

The Basel Committee on Banking Supervision (BCBS) has published a report summarising the main results of a stocktake of its members' initiatives on climate-related financial risks. The report was produced by the high-level Task Force on Climate-related Financial Risks.

The stocktake report suggests, amongst other things, that the majority of BCBS members consider it appropriate to address climate-related financial risks within their existing regulatory and supervisory frameworks.


Click here to access the report.