Climate risk and Passporting: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Add links.)
 
imported>Doug Williamson
(Create the page. PRA webpage http://www.bankofengland.co.uk/pra/Pages/authorisations/passporting/default.aspx)
 
Line 1: Line 1:
''Risk management''.
''European Economic Area (EEA) - financial services.''


1.
Passporting is the right of financial services firms in the EEA to carry on permitted activities in other EEA states.


The risk of climate change occurring.
Notification to - and approval by - the regulator are required for both inward and outward passporting.
 
 
2.
 
The potential direct and indirect adverse effects resulting from climate change.
 
These adverse effects include climate physical risks, climate transition risks and climate liability risks.
 
 
3.
 
The potential adverse financial effects resulting from climate change.
 
Also known as ''climate financial risk''.




== See also ==
== See also ==
* [[Catastrophe bond]]
* [[Brexit]]
* [[Climate Action 100+]]
* [[European Economic Area]]
* [[Climate benchmark]]
* [[European Union ]]
* [[Climate change]]
* [[Free movement of labour]]
* [[Climate change: testing the resilience of corporates’ creditworthiness to natural catastrophes]]
* [[Prudential Regulation Authority]]
* [[Climate Financial Risk Forum]]
* [[Schengen Area]]
* [[Climate liability risk]]
* [[Single Market]]
* [[Climate physical risk]]
* [[Climate transition risk]]
* [[Environmental concerns]]
* [[Environmental crime]]
* [[Environmental risk]]
* [[Event risk]]
* [[Investment risk]]
* [[Paris Agreement]]
* [[Risk]]
* [[Risk management]]
* [[RMA Climate Risk Consortium]]
 
[[Category:Financial_risk_management]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]

Revision as of 11:54, 12 August 2016

European Economic Area (EEA) - financial services.

Passporting is the right of financial services firms in the EEA to carry on permitted activities in other EEA states.

Notification to - and approval by - the regulator are required for both inward and outward passporting.


See also