-
Landmark moment as climate risks included in 'Magna Carta of banking supervision'
26 April 2024Prominent central bankers have welcomed the inclusion of climate change among a group of potentially material risks to financial stability in the global banking supervision principles for the first time, meaning regulators and banks must identify and address such risks.
-
ECB to step up scrutiny of banks' transition planning
13 December 2022Banks in the EU have been told to expect scrutiny of their climate transition planning, as the European Central Bank (ECB) outlined its work priorities to 2025.