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Swiss regulator issues climate risk disclosures guidance

News Team, 30/11/2022

The Swiss Financial Market Supervisory Authority - FINMA  - has analysed how the largest banks and insurance companies disclose their climate-related financial risks in accordance with its disclosure circulars.

The largest banks and insurance companies will need to describe their significant climate-related financial risks in accordance with circulars 2016/1 ‘Disclosure – banks’ and 2016/2 ‘Disclosure – insurers’.

In doing so, they must describe the impa...


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