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TC Note guides supervisors toward making appropriate choices when considering possible regulatory or supervisory actions
TC Note assists supervisors to: i) understand the key aspects of stress testing and how they might need to be applied differently in dealing with climate-related risks; ii) understand how climate change scenarios can be developed and their potential effects analyzed; iii) understand how the potential effects of climate change scenarios can be translated into assumptions that can be used in stress testing; iv) identify how financial institutions might use stress testing and scenario analysis in dealing with climate-related risks; and v) identify steps that supervisors can take to use stress testing and scenario analysis, and to promote their use by the financial institutions they supervise.
Publisher:
Toronto Centre
Release date:
Jun 2020
Type:
TC Notes
Peer:
Climate Change: Issues for Banking Supervisors , Climate Change
Topics:
Climate change , Stress-testing
Sectors:
Banking, Insurance, Microfinance, Microinsurance, Pensions, Securities
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