1 MINS READ
Leading the way in innovation for over 55 years, we build greater futures for businesses across multiple industries and 55 countries.
Our expert, committed team put our shared beliefs into action – every day. Together, we combine innovation and collective knowledge to create the extraordinary.
We share news, insights, analysis and research – tailored to your unique interests – to help you deepen your knowledge and impact.
At TCS, we believe exceptional work begins with hiring, celebrating and nurturing the best people — from all walks of life.
Get access to a catalog of the latest news stories from across TCS. Discover our press releases, reports, and company announcements.
You have these already downloaded
We have sent you a copy of the report to your email again.
Central banks and financial regulators (CBFR) have an important role in managing climate-related financial risks. Many CBFRs across different jurisdictions are undertaking actions to raise awareness of climate risks in financial institutes and apply them in their operations.
Apart from measuring climate risks in their lending and trading book exposures, it is crucial to carry out forward-looking analyses through scenarios and make assumptions about future mitigation policy and climate impacts. Central banks also need to provide guidance on analyzing longer-term scenarios (10-15 years) that are more speculative but need a set of assumptions on growth and low discount rates to incorporate the longer-term impacts. Institutions need to consider the below core aspects of climate risk stress testing.
Decoding the Surety Bonds enigma for International Trade
Enhancing customer journeys in the KYC process
Making banking services more accessible
Integrated Risk Appetite and Financial Crime Risk Controls Assessment