UK parliament weighs adding climate assessment to banking regulator’s duties
February 22, 2023

The Prudential Regulation Authority would be asked to consider the impact of climate change on financial stability, and review institutions’ exposure to fossil fuels, under tabled amendments to the Financial Services and Markets Bill. The UK's Prudential Regulation Authority, which supervises banks, insurers and large investment firms, could be given ...
To continue reading
Already a subscriber? Log in
|
Request Free Trial |
Read Next:

Canada’s latest green taxonomy proposals exclude gas and nuclear
March 22, 2023
Canada’s Sustainable Finance Action Council recommends its new taxonomy focuses on green and transition categories and diverges in some respects from both the EU and UK approaches. Earlier this month,... Read more
Read more