Climate, News, Risk Management, Stress Testing

Afme survey: EU banks overshoot climate stress test demands

By Ellesheva Kissin
Image: Getty Images

European banks are running climate stress tests more often than mandated amid concerns that the regulator’s existing tests underestimate the full impact of the climate crisis, finds a new report.

The Association for Financial Markets in Europe (Afme) report, published jointly with consultancy firm Oliver Wyman on 22 ...

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