In this webcast, EY panelists discuss international regulators’ concerns about increasing climate-related environmental risks, the key components and future direction of regulatory policies and how firms can respond.
As the financial impacts of climate change become clearer, financial services regulators and supervisors are focusing increasingly on the breadth and depth of appropriate responses.
Policy trends indicate many common areas of focus, and similarities of approach around the world. However, significant differences and questions remain, and the picture is evolving rapidly.
Regulators want both to embed environmental risks into core risk processes and to encourage rapid development of “green” markets, but firms looking to make progress on their product offerings and risk processes face real challenges arising from the current lack of consistency and clarity on standards.
Join EY panelists from our Global Regulatory Network and Global Sustainable Finance teams as they discuss the challenges and opportunities for the financial sector as set out in our recent paper Climate change and sustainability: Global regulators step up the pace.
Date: 29 March 2021