Home Business Banks, from 2022 the green exams of the ECB: this is how they will work

Banks, from 2022 the green exams of the ECB: this is how they will work

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The key points

  • The effects on capital
  • The progressive approach
  • An articulation in three modules

The first stress test on climatic risks aimed at significant European banks supervised by the ECB, it will be conducted in 2022, between March and July, with a qualitative approach, ie with no direct impact on prudential requirements, on regulatory capital. It is purely a ‘learning exercise’ to enable banks and banking supervisors to identify ‘vulnerabilities, best practices and challenges’ posed by climate change which is a source of financial risk …

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