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News


Opinion
News | September 2, 2026

Nature loss is a financial risk. The UK should act now.

The BoE should strengthen its approach to nature-related financial risks and follow the ECB in embedding nature loss into financial supervision.

A man wades through a flooded street in a quaint Cornish town
News | May 2, 2025

UK regulator launches consultation on supervision of climate risk

UK banks and insurers need to do more to manage climate risk to increase financial resilience, Prudential Regulatory Authority says.

Westminster Bridge, Big Ben and Portcullis House in central London at dusk, also reflected in the Thames
News | February 11, 2025

Banks and insurers need to improve climate risk management, say UK regulators

UK regulators noted that while financial firms have made progress, they still need to develop their climate risk management tools. …

Bank of England
News | October 19, 2023

UK banks and insurers urged to boost climate accounting practices

UK prudential regulator encourages banks and insurers to establish clear plans and timeframes for developing climate accounting capabilities. …

The Houses of Parliament in London, seen at night
News | September 8, 2022

Climate controversy over UK regulator duties

Proposals to elevate competitiveness ahead of climate change as new objectives for UK financial regulators have been widely criticised by civil society groups.

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