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Bank capital role in climate-change risks to be explored by UK PRA

( October 28, 2021, 08:23 GMT | Official Statement) -- MLex Summary: The role of bank capital requirements in the climate-change fight will be explored by the Bank of England and its regulatory arm, the Prudential Regulation Authority, it said today. In its 2021 climate-change adaptation report, it said it would put out a call for papers and host a research conference to investigate the interaction between climate change and capital requirements. Three UK financial regulators published adaptation reports today.Statement follows. Reports attached....

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