Regulatory Alerts2020-05-13
Added · Updated
Common Assessment Framework on Green and Sustainable Banking
The Banking Policy Department issued a self-assessment framework to help authorized institutions evaluate their readiness in addressing climate and environmental risks. The framework covers six key elements including governance, risk management, and disclosure, serving as a baseline assessment rather than a pass-or-fail test. Approximately 50 institutions selected by asset size and business activity are required to complete this initial round within 12 weeks to inform future supervisory expectations.
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