Archive

  • Take action 'ahead of regulation', urges Bank of England

    19 April 2023

    The Bank of England has urged financial institutions to take action on sustainability and not wait for policy and regulation to be developed.

  • Bank of England to explore whether climate capital requirements needed

    13 March 2023

    The Bank of England said it will "explore whether changes to the macroprudential framework might be appropriate" to help protect against climate risks,...

  • NGFS interested in UK transition plan framework, says BoE's Breeden

    28 February 2023

    There is international interest in the UK's plans to develop a world-leading "gold standard" for climate transition plans, including from members of the Central Banks and Supervisors Network for Greening the Financial System (NGFS), a senior central banker has said.

  • Regulators consider capital for climate risk

    16 December 2022

    Insurance regulators are keen to ensure their prudential frameworks properly incorporate climate risk. But whether this should be reflected in capital requirements is proving a difficult question to answer, as Christopher Cundy reports

  • COP27: Regulators march on ... and on

    14 November 2022

    Are regulators suffering mission creep at COP27, asks Peter Cripps

  • UK regulator warns financials they face climate risk supervisory escalation

    24 October 2022

    Banks and insurers have been warned by the Prudential Regulation Authority (PRA) they face an escalation in supervisory pressure if they fail to address climate-related financial risk appropriately.

  • Catastrophe risk capacity must double under "no further action" climate scenario

    21 October 2022

    Bank of England staff investigation reveals some insurers' business models under threat

  • We have an open mind on capital for climate risk, says UK regulator

    20 October 2022

    Sam Woods introduces Bank of England's conference on the topic

  • People Moves 15 July: BlackRock, ISSB, Impax, ESG Book, Axa IM & more

    15 July 2022

  • Risk of a rush to green assets necessitates policy clarity, says BoE official

    13 July 2022

    The risks to financial stability posed by a disorderly transition will rely on companies and investors having a clear view of the future, a senior Bank of England official said.