2021-12-30

Added · Updated

Supervisory Policy Manual (SPM): GS-1 Climate Risk Management

The Hong Kong Monetary Authority issued Supervisory Policy Manual GS-1 to establish expectations for climate risk management within all authorized institutions. This policy requires banks to integrate climate-related risks into their overall risk management frameworks and governance structures. The document outlines specific supervisory expectations to ensure institutions can identify, assess, and manage climate risks effectively.

Hong Kong Monetary Authority logo

Hong Kong

Hong Kong Monetary Authority

Click to view thumbnail

CIR

Current

Issue Date:

30 Dec 2021

20211230-1-EN.pdf (198.0 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Superseded Document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

SPM-NGL

Current

30 Dec 2021

GS-1 Climate Risk Management

Cross referenced Document

Version History

Superseded Document

You may also be interested in

CPR

Archive

20 Jul 2021

Supervisory Policy Manual (SPM): Consultation on new module GS-1 on "climate risk management"

Enclosure: Climate Risk Management (Consultation)

CIR

Current

27 Oct 2025

Good practices on climate risk management

CIR

Current

27 Oct 2025

Good practices on climate risk management Annex: Good practices on climate risk management