2022-06-22
Added · Updated
The Hong Kong Monetary Authority issued Supervisory Policy Manual GS-1 to establish expectations for authorized institutions regarding climate risk management. The document requires institutions to integrate climate-related risks into their governance, strategy, risk management processes, and data analytics. It mandates that banks and licensed entities identify, assess, and manage both physical and transition risks associated with climate change.
CIR
Current
Issue Date:
22 Jun 2022
20220622-1-EN.pdf (229.9 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Superseded Document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
30 Dec 2021
GS-1 Climate Risk Management
Directly related Document
SPM-NGL
Current
30 Dec 2021
GS-1 Climate Risk Management
Version History
Superseded Document
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