News Regulations12 Dec 2022

Malaysia:Bank Negara issues policy document on climate risk management

| 12 Dec 2022

Bank Negara Malaysia (BNM), the central bank, has issued a policy document setting out principles and requirements on climate risk management and scenario analysis for financial institutions, including insurers and reinsurers, to enhance the financial sector's resilience against climate-related risks and to facilitate a just and orderly transition to a low-carbon economy.

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