Aggregated News From Investment Management Regulators

Global sustainability network NGFS publishes status report and guide for supervisors


Please complete the required fields.

The global sustainability network NGFS (Network for Greening the Financial System) is publishing today a report on how banks around the world consider climate-related risks in their lending. The report shows that this is occurring more frequently, but it is at the same time difficult to see which loans constitute a lower risk. This is because, for example, there is no international classification and a shared perception of which assets are “green” and “brown”.

NGFS is also publishing today a guide on how climate- and environment-related risks can be integrated into financial supervision.

Finansinspektionen acted as the project manager in the work with the status report and participated in the creation of the guide for supervisors.

NGFS was created in 2017 and consists today of 66 central banks and supervisory authorities around the world. FI and the Riksbank participate from Sweden.

Source link

Regulator Information

Abbreviation: FI
Jurisdiction: Sweden

Recent Articles

SEC Charges TradeZero America and Co-Founder with Deceiving Customers about Meme Stock Trading Halts

The Securities and Exchange Commission today charged broker-dealer TradeZero America Inc.

Richard R. Best Named Director of Division of Examinations

The Securities and Exchange Commission today announced the appointment of Richard R. Best as Director of the Division of Examinations, effective immediately.

Pension Drawdown Advisory Centre

We believe this firm may be providing financial services or products in the UK without our authorisation. Find out why you should be wary...

Get the latest from Regulatory.News in your inbox!