Principles Of Effective Risk Management And Supervision Of Climate-Related Financial Risks’, The Basel Committee Stated That.pdf

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Preview of Principles of Effective Risk Management and Supervision of Climate-Related Financial Risks’, the Basel Committee stated that
🔗 Source: bis.org
📊 Size: 226 KB
👤 Author: BCBS
⬇️ Downloads: 51

Summary

The Basel Committee on Banking Supervision published "Principles for the effective management and supervision of climate-related financial risks" in June 2022, aiming to promote a principles-based approach to improving risk management and supervisory practices related to climate-related financial risks. The document includes 18 high-level principles, with principles 1-12 guiding banks on effective management and principles 13-18 guiding prudential supervisors. The principles seek to balance improved practices with flexibility, given the evolving nature of climate-related financial risks.

Description

The Basel Committee on Banking Supervision published "Principles for the effective management and supervision of climate-related financial risks" in June 2022,...

Technical Information

  • File Format: PDF
  • File Size: 226 KB
  • Pages: 15
  • Language: EN
  • Author: BCBS
  • Total Downloads: 51
  • Last Updated: 1 month ago

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