2023-04-21

Added · Updated

Guidelines for Banking Sector Climate Risk Stress Test

The regulator issued guidelines on April 21, 2023, requiring all authorized institutions to conduct climate risk stress tests. These directives mandate the implementation of robust internal controls and risk management frameworks specifically tailored to green and sustainable banking practices. The document establishes the operational standards for assessing climate-related financial vulnerabilities within the banking sector.

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Hong Kong Monetary Authority

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CIR

Current

Issue Date:

21 Apr 2023

20230421-1-EN.pdf (201.0 KB)

Topic:

Green & Sustainable Banking - Climate risk management

Internal Controls - Others

Group:

All Authorized Institutions

Directly related Document

Cross referenced Document

Version History

Superseded Document

Directly related Document

Annex

Current

21 Apr 2023

Enclosure - Guidelines for Banking Sector Climate Risk Stress Test

Annex

Current

21 Apr 2023

Enclosure - Guidelines for Banking Sector Climate Risk Stress Test

Cross referenced Document

Version History

Superseded Document

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