Tag: Macroprudential Policy

Transition and Systemic Risk in the South African Banking Sector: Assessment and Macroprudential Options

, and | 22 July 2024
Monetary, Working Papers | Tags: Central Banks, Climate Risks, Financial Stability, Macroprudential Policy, South Africa
This paper presents the main transition risks for the South African banking sector, highlighting that the coal value chain is central to these risks. It assesses the banking system’s exposure to transition risks in the corporate sector, showing that they are material and widespread. ... continue reading

The Basel Committee’s Revised Core Principles for Effective Banking Supervision: Addressing Climate-Related Financial Risks in ASEAN+3

and | 5 June 2024
Monetary, Policy Briefs | Tags: ASEAN+3, BCBS, Climate Risks, Financial Supervision, Macroprudential Policy
This policy brief provides a detailed overview of the guidance that the Basel Committee on Banking Supervision (BCBS) has provided to financial institutions and their supervisors, in relation to assessing, quantifying and managing climate risks under Pillars I, II and III of the Basel framework. ... continue reading

Addressing Climate-Related Financial Risks in ASEAN+3

and | 5 June 2024
Monetary, Blog | Tags: ASEAN+3, BCBS, Climate Risks, Financial Supervision, Macroprudential Policy
Whilst not all jurisdictions have adopted the Basel III banking supervision regime, the Core Principles target all financial supervisors globally. They serve as “the de facto minimum standard” for the “sound prudential regulation and supervision of banks and banking systems”... ... continue reading

Financial Supervision and Emerging Risks: How to Implement the Basel III Recommendations for Climate Risk Supervision

17 April 2024 | Online | Co-hosted with AMRO
Monetary, Webinar | Tags: Climate Risks, Financial Supervision, Macroprudential Policy
The webinar highlighted the next steps required by financial supervisors to ensure the appropriate integration of climate risks in the Pillar 1 provisions of the Basel regime, with a focus on capital adequacy assessments and in macroprudential policy, with a focus on systemic risk buffers. ... continue reading

Towards Macroprudential Frameworks for Managing Climate Risks

11 March 2024 | Online | 18h00 CET
Monetary, Panel | Tags: Central Banks, Climate Risks, Financial Stability, Macroprudential Policy
In collaboration with E-axes Forum, we co-hosted a panel on macroprudential frameworks for managing climate-related financial risks. ... continue reading