Regulatory Alerts2020-06-30
Added · Updated
White Paper on Green and Sustainable Banking
The Hong Kong Monetary Authority issued this White Paper to establish a supervisory approach for climate risk management within the green and sustainable banking sector. The document outlines expectations for all authorized institutions to integrate climate-related risks into their governance, risk management, and disclosure frameworks. It aims to enhance the financial system's resilience by aligning supervisory practices with global standards for sustainable finance.
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