Archive

French regulator highlights lack of consistency and granularity in insurers' climate disclosures

French life insurers' climate disclosures relating to their investment strategies are heterogeneous, incomplete and lack granularity, according to the French prudential regulator, Autorité de Contrôle Prudentiel et de Résolution (ACPR).

Include stress tests, transition plans in capital rules, says central banker

The governor of the Banque de France has recommended including climate-related stress tests and transition plans in the Basel framework for banking supervision.

French regulator engages with insurers on their climate strategy

The French prudential regulator (ACPR) has published its first report on the governance of climate change risks in the insurance sector.

News round-up: Federal Reserve joins NGFS, BNP's energy transition fund, Poseidon Principles ... and more

ACPR: Banks need to incorporate climate into risk management framework

The French Prudential Supervision and Resolution Authority (ACPR) has published a guide to good practices in governance and climate risk management for the banking industry.

French regulator reveals climate stress scenarios

French regulator, Autorité de Contrôle Prudentiel et de Résolution (ACPR), has published a provisional set of climate change scenarios that will be used to stress test insurers' and banks' balance sheets.

Banque de France reveals further details of 2020 stress test

The French central bank will in March publish the scenarios it will use to conduct climate stress tests of the country's banks and insurers, it has been revealed.

Sustainability: to regulate or not to regulate?

Financial regulation has a role to play in tackling climate change, but it cannot be a silver bullet. So the time has come for policymakers to step up their game, delegates at the Insurance and Climate Risk conference heard. Vincent Huck reports

People Moves: Newton, AMF, LuxSE, Church Commissioners

Newton Investment Management has hired Andrew Parry as head of sustainable investment, as part of the expansion of its responsible investment team.

French regulator calls for ‘green and brown’ taxonomy

France’s financial regulator has called for the rapid introduction of a formal definition of investments that are beneficial or detrimental to the environment – a so-called taxonomy of ‘green’ and ‘brown’ assets.