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Regulators want to stress-test banks for climate risks Can it work?

Regulators want to stress-test banks for climate risks Can it work?
americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.

Regulation Round Up - June 2021 | Proskauer Rose LLP

The European Banking Authority (“ EBA”) published a report outlining the results and conclusions of its market analysis of the current RegTech landscape in the EU. It has also published an at a glance factsheet on RegTech and steps firms can take. The Bank of England (“ PRA”) (CP14/21), on changes to the UK leverage ratio framework. European Securities and Markets Authority (“ ESMA”) published a webpage with official translations of its guidelines on stress test scenarios (ESMA34-49-291) produced under Article 28 of the Regulation on money market funds (EU/2017/1131) (“ MMF Regulation”). 28 June HM Treasury published a draft version of the Financial Services and Markets Act 2000 (PRA-regulated Activities) (Amendment) Order 2021 and explanatory information.

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