Sector Regulation Sector Regulation

Clearinghouses world-wide should be preparing for climate-change risks, German Central Bank's Balz says

By Neil Roland
  • 05 Mar 2021 14:12
  • 05 Mar 2021 14:12
Commodity, stock and options clearinghouses should already be preparing to manage potential climate risks, said Burkhard Balz, an executive board member of the Deutsche Bundesbank.

Clearinghouses “will undoubtedly be affected by climate change-related risks in the global economy and financial markets,” he told a conference* co-sponsored by the German Central Bank, the European

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