Sector Regulation Sector Regulation

Bank, insurance capital should respond to climate risks, not incentivize green lending, BOE says

Financial capital requirements are relevant in the move to a net-zero economy but only to deal with the consequences of climate change, the Bank of England said today, as the debate over whether lenders should get lower prudential rules for green lending continues.

The Prudential Regulation Authority said in today’s climate

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

Discover MLex

Stay on top of global regulatory developments

TAKE A FREE TRIAL

Latest News