MT Biosphere™

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April 18, 2023

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OSFI’s Guideline B-15 on climate risk management is now in effect

P. Jason Kroft, Ghazal Hamedani, Bruno Caron

As part of the growing global regulatory focus on addressing risks to financial institutions presented by evolving issues like climate change, the Office of the Superintendent of Financial Institutions (“OSFI”) issued draft Guideline B-15: Climate Risk Management (the “Draft”) in...


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