Regulatory Alerts2025-10-21
Notice No. 6/GBM/2025, of 21 October — Climate Risk Management Guidelines
The Bank of Mozambique issued Notice No. 6/GBM/2025 on 21 October 2025 to mandate credit institutions, financial companies, and supervised entities to systematically identify, measure, control, and report physical and transition climate risks across their financial and non-financial portfolios. The regulation requires these institutions to integrate climate risk into their existing governance frameworks, establish clear board and senior management responsibilities, implement robust internal control mechanisms with three lines of defence, and conduct regular stress tests and scenario analyses. Furthermore, it mandates annual mitigation planning, transparent disclosure of climate-related exposures to investors and regulators, and sets a 180-day implementation window following publication.