Regulatory Alerts2022-10-24
Added · Updated
Guide to managing climate and environmental risks
The Dutch Central Bank (DNB) provides supervisory expectations for financial institutions, including insurers, pension funds, and investment firms, to integrate climate and environmental risks into their core processes. The Guide establishes four focal areas for management: business model and strategy, governance, risk management, and information provision. Institutions are required to conduct materiality analyses and manage risks proportionately based on their size, complexity, and exposure. While the good practices included are not binding, they serve as indicative examples for the supervisory dialogue regarding sound and ethical operational management.
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