News Risk Management01 Jun 2022

Canada:New guidelines on climate risk management

| 01 Jun 2022

Canada's new guidelines on climate risk management propose a prudential framework that is more climate sensitive and recognises the impact of climate change on managing risk. Canada's Office of the Superintendent of Financial Institutions (OSFI) has issued the draft guideline that set the stage for OSFI's expectations of federally regulated financial institutions.

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