2025-02-28

Added · Updated

Guidelines for Banking Sector Climate Risk Stress Test 2.0

The Hong Kong Monetary Authority issued these guidelines to update the regulatory framework for climate risk stress testing in the banking sector. The document requires all authorized institutions to conduct stress tests under the Climate Risk Stress Test 2.0 methodology to assess their resilience to climate-related financial risks. This update supersedes the previous 2023 guidelines and aligns with the broader climate risk management standards established in Supervisory Policy Manual GS-1.

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Hong Kong

Hong Kong Monetary Authority

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CIR

Current

Issue Date:

28 Feb 2025

20250306-2-EN.pdf (1.2 MB)

Topic:

Green & Sustainable Banking - Climate risk management

Group:

All Authorized Institutions

Directly related Document

Cross referenced Document

Version History

Superseded Document

Directly related Document

CIR

Current

28 Feb 2025

Climate Risk Stress Test 2.0

CIR

Current

21 Apr 2023

Climate risk stress test

Enclosure: Guidelines for Banking Sector Climate Risk Stress Test

CIR

Current

28 Feb 2025

Climate Risk Stress Test 2.0

CIR

Current

21 Apr 2023

Climate risk stress test

Enclosure: Guidelines for Banking Sector Climate Risk Stress Test

Version History

Superseded Document

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