Regulatory Alerts2022-06-30
Added · Updated
Embedding climate risk in banking supervision
The Hong Kong Monetary Authority issued this circular to guide authorized institutions in embedding climate risk management into their banking supervision frameworks. It establishes requirements for integrating climate-related risks into governance, strategy, and risk management processes to support the transition to carbon neutrality. The document references related supervisory policies including GS-1 on climate risk management and sound practices for sustainable banking.
CIR
Current
Issue Date:
30 Jun 2022
20220630-3-EN.pdf (190.9 KB)
Topic:
Green & Sustainable Banking - Climate risk management
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
SPM-NGL
Current
23 Dec 2022
SA-1 Risk-based Supervisory Approach
CIR
Current
30 Dec 2021
Climate risk stress test
SPM-NGL
Current
30 Dec 2021
GS-1 Climate Risk Management
CIR
Current
08 Dec 2021
Sound Practices Supporting the Transition to Carbon Neutrality
Directly related Document
SPM-NGL
Current
23 Dec 2022
SA-1 Risk-based Supervisory Approach
CIR
Current
30 Dec 2021
Climate risk stress test
SPM-NGL
Current
30 Dec 2021
GS-1 Climate Risk Management
CIR
Current
08 Dec 2021
Sound Practices Supporting the Transition to Carbon Neutrality
Version History
Superseded Document
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