Visegrád central bankers meet to discuss green transition
Central bank governors from the Czech Republic, Hungary, Poland and Slovakia met today to discuss the transition to an environmentally sustainable economy as part of a conference focusing on a green recovery from the Covid-19 pandemic.
Weekly Roundup: Mandatory US and EU climate-related disclosures
This weekly round up covers the Bank of Canada’s dirty bonds, SEC and ECB working on mandatory climate disclosures, a new appointment for BoE’s Breeden, European Commission’s annual ‘European Financial Stability and Integration Review’, flaw in TCFD disclosure, and Hungary’s …
Weekly Roundup: Green mandate for Hungarian central bank
This week’s roundup includes WSJ on green central banking, BoE climate scenario analysis, Latin America launch new sustainability group, green mandate for Hungarian central bank, developments in climate risk and BoE consults on green monetary policy.
MNB issues green guidance for Hungarian banks
The Magyar Nemzeti Bank (MNB), the central bank of Hungary, published new supervisory guidance for credit institutions on the management of climate-related and environmental risks, applicable from June 2021. The new guidance calls on banks to assess the environmental risks …
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