DTCC Issues First-Ever Analysis on Climate-Related Financial Risk
Whitepaper asserts that financial market infrastructures (FMIs) can have direct exposure to climate-relates physical risk.
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Whitepaper asserts that financial market infrastructures (FMIs) can have direct exposure to climate-relates physical risk.
DTCC highlights importance of gaining intelligence into potential shocks to market stability.
DTCC’s new white paper highlights interconnectedness risks that pose increased contagion threat.
Cyber risk has been seen as the top threat by financial markets, while inflation and climate change were identified as growing risks, according to data.
<p><span>Cyber risk ranks as the greatest threat to the global financial markets in 2022, with the COVID-19 pandemic and geopolitical tensions rounding out the top three threats overall, according to a </span><a href="https://www.dtcc.com/~/media/Files/Downloads/Risk-Management/DTCC-Systemic-Risk-Barometer-2022-Risk-Forecast" target="_blank">new survey</a><span> published by The Depository Trust and Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services indust...