2021-12-08

Added · Updated

Sound Practices Supporting the Transition to Carbon Neutrality

The Circular Issue Reference (CIR) issued by the regulator on December 8, 2021, establishes sound practices to support the transition to carbon neutrality for all authorized institutions. This document serves as a key regulatory guideline for green and sustainable banking, specifically addressing climate risk management frameworks. It builds upon previous guidance by providing detailed operational standards for institutions to align their activities with carbon neutrality goals.

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Hong Kong Monetary Authority

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