The Bank of England will require UK financial institutions to stress-test their balance sheets for climate change risk starting in 2021.
Constructing climate change scenarios starts with a trajectory for carbon dioxide emissions, the necessary policies to achieve these emissions, and the corresponding change in global temperatures.
Moody’s Analytics is expanding its capabilities to enable institutions to assess risks posed by climate change. The physical and transition impacts on the economy of the temperature change are then determined using our model of the global economy. Our scenarios are consistent with Orderly, Disorderly, and Hot house world scenarios by NGFS.
During this webinar we will cover:
• Regulatory environment – NGFS & BoE
• Modelling framework – physical & transition risk
• UK & US climate change scenarios
Luca Magni, Associate Director, Business Development, Moody's Analytics (Moderator)
Petr Zemcik, PhD, Senior Director, EMEA Head of Business Analytics, Moody's Analytics
Chris Lafakis, Director, Climate Risk Economist, Moody’s Analytics
Janet Lee, Director, Economic Research, Moody’s Analytics
Click here to access the presentation slides.
The European Council has published the final text of the regulation (EU) 2019/876 or CRR2 that implements targeted adjustments to the Capital Requirements Regulations in order to complete the European post-crisis regulatory reforms and increase the resilience of financial institutions.
Moody’s Analytics has won Best Solution in Capital & Liquidity Modelling in the Regulation Asia Awards for Excellence 2020, where we also won Data Provider of the Year, for the second straight year.
For the second straight year, Moody’s Analytics has been named Data Provider of the Year at the Regulation Asia Awards for Excellence.
Moody’s Analytics has recently won two awards for our Banking Cloud solution: Best Data Solution for Regulatory Compliance at the Data Management Insight Awards 2020 and Best Middle-Office Initiative at the 2020 American Financial Technology Awards.
As we approach 2021 we look forward to continued economic recovery around the world.
Moody’s Analytics announced its new Early Warning System, which is a single platform that identifies multiple early signals of credit risk to help credit professionals make actionable decisions and more effectively monitor their portfolios.
We examine how the pandemic is impacting decisions over household finances, parenting, entrepreneurship, employment and moving.
The Canadian Securities Institute (CSI) has announced that students will now be able to take exams online with remote proctoring.
In this session hosted by Insurance Asset Risk and sponsored by Moody's Analytics, we will consider this changing landscape and explore:
Moody’s Analytics today announced that Standard Insurance Limited, the insurance arm of Johannesburg-based Standard Bank Group and one of South Africa’s leading insurance providers, has selected the Moody’s Analytics RiskIntegrity™ for IFRS 17 solution to support its adoption of the new IFRS 17 accounting standard.