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08 May 2024

SSM's Elderson You have to know your risks to manage them – banks’ materiality assessments as a crucial precondition for managing climate a

This is good news, but it is only the first step. A great deal more work lies ahead. By the end of this year, we expect all banks under our supervision to be fully aligned with all our supervisory expectations on the sound management of C&E risks. 

We have come a long way since we first...

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