Reports: Watchdog urges banks and insurers to plug 'gaps' in tackling climate risks

Stuart Stone
clock • 3 min read
Credit: iStock
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Credit: iStock

Bank of England to instruct banks and insurers to carry out internal reviews on climate-related risks

Banks and insurers must address "gaps" in how they address climate change risks such as flooding and extreme weather, the Bank of England's Prudential Regulation Authority (PRA) has warned. The regulator...

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Stuart Stone
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