• UK regulator likely to require bank, insurer transition plan disclosure, Crowe predicts

    15 May 2024

    UK banks and insurers are likely to be required to disclose climate transition plans and demonstrate how they are engaging with clients to achieve targets in these plans, under expected updates by the Prudential Regulation Authority (PRA), consultancy Crowe has predicted.

  • Australian regulator asks financial institutions for nature risk information

    03 April 2024
  • UK banks, insurers told by regulator to improve climate accounting processes

    29 September 2023

    UK banks and insurers have been urged by their regulator to "establish clear plans and timeframes for developing climate accounting capabilities", as it reminded them of expectations to measure and manage climate risks.

  • UK regulators propose rules on diversity and inclusion

    26 September 2023

    The UK's financial regulators have issued consultations on improving diversity and inclusion (D&I) in financial industries, an issue that is "important to governance and firm-wide culture" and supporting effective risk management.

  • Bank of England should model financial impact of acute physical risks, regulator says

    25 September 2023

    The Bank of England should test the impact on the country's financial system of a "very large climate event", the head of the Bank's Prudential Regulation Authority (PRA) has said.

  • Australian insurers to be put to climate test

    29 August 2023
  • 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

  • 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.

  • Australian regulator survey finds climate risk gaps

    08 August 2022
  • NAIC updates climate risk disclosure survey for US insurers

    12 April 2022

    US insurers will need to comply with the Task Force on Climate-Related Financial Disclosures...