This roundtable will provide the latest updates on the NGFS workstream examining microprudential and supervisory risk practice. Workstream Chair, Ms Gek Choo Goh from the Monetary Authority of Singapore, will discuss methodologies to measure climate-related and environmental financial risks at micro level, the latest developments and leaders in supervisory practices and governance structures for integrating climate risk. Participants will discuss relevant guidelines and best practices for supervisors and the wider financial sector, and how financial risk differs between ‘green’ and ‘standard’ assets.
Gek Choo Goh, FRM, Executive Director, Banking Department II, Monetary Authority of Singapore
04:00-05:00 (New York)
This meeting will be conducted under the OMFIF Rules.
This virtual discussion is part of the OMFIF Sustainable Policy Institute. The SPI is a high level community which brings together central banks, sovereign funds, public pension funds, and their counterparts in asset management, banking and professional services to explore policy, regulatory and investment challenges posed by environmental, social and governance themes. See more information on OMFIF’s SPI here.
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Covering 22 countries and jurisdictions, the tracker presents information on 14 areas that include regulatory and supervisory measures, climate stress testing activity, net zero strategies, green bond issuance and disclosure requirements.