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Climate Change › Risk Management › Bank of England

A&O Shearman

PRA consults on updated supervisory expectations to manage climate-related risks

A&O Shearman on

The Prudential Regulation Authority (PRA) has issued a consultation paper (CP10/25) and draft updates to the supervisory statement 3/19. The consultation aims to enhance supervisory expectations on the management of...more

Cadwalader, Wickersham & Taft LLP

Bank of England Issues Updated Assessment of Climate-Related Risks and Regulatory Capital Requirements for Financial Institutions

Cadwalader, Wickersham & Taft LLP on

The Bank of England released a report titled Climate-Related Risks and the Regulatory Capital Framework (Report) on March 13, 2023. The Report expands on the Bank’s 2021 Climate Change Adaptation Report (CCAR), in which it...more

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