Monitor climate effects on market risk

Aufsichtserwartung

Institutions are expected to monitor on an ongoing basis the effect of climate-related and environmental factors on their current market risk positions and future investments, and to develop stress tests that incorporate climate-related and environmental risks.

Adressat: Institutions

Fundstelle: ECB Guide, Expectation 10

Quelldokument

• Guide on climate-related and environmental risks - Supervisory expectations relating to risk management and disclosure (November 2020)