In this webcast for Asia-Pacific time zones, EY panelists discuss international regulators’ concerns about increasing environmental risks, the key components and future direction of regulatory policies and how firms can respond.
As the financial impacts of climate change become clearer, financial services regulators and supervisors are focusing increasingly on the breadth and depth of appropriate responses.
Policy trends indicate many common areas of focus, and similarities of approach around the world. However, significant differences and questions remain, and the picture is evolving rapidly.
Regulators want both to embed environmental risks into core risk processes and to encourage rapid development of “green” markets, but firms looking to make progress on their product offerings and risk processes face real challenges arising from the current lack of consistency and clarity on standards.
Join EY panelists from our Global Regulatory Network and Global Sustainable Finance teams as they discuss the challenges and opportunities for the financial sector as set out in our recent paper Climate change and sustainability: Global regulators step up the pace.
Topics discussed will include:
- Key global regulatory themes of climate change risk and sustainability
- Climate change as a financial risk
- Green conduct concerns and approaches
- Six key implications and opportunities for financial services
- Keith Pogson, EY Asia-Pacific Financial Services Senior Partner, Ernst & Young LLP; EY Global Assurance Leader, Banking & Capital Markets
- Judy Li, Partner, Ernst & Young LLP; EY Asia-Pacific Sustainability Leader
- Wolfram Hedrich, Partner, Ernst & Young LLP; EY ASEAN FSO Business Consulting Leader
- Eugène Goyne, Associate Partner, Ernst & Young LLP; EY Asia-Pacific Financial Services Regulatory Lead