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​French banks and insurers should weigh climate litigation risks, regulator says

By Jack Schickler ( April 10, 2019, 13:58 GMT | Insight) -- French banks and insurers haven't properly considered the risk of being sued for causing climate change, a report from Paris-based regulators has concluded. Banks could be forced to publish the scale of their environmental risks or hold more regulatory capital against them, under proposals set out by the supervisory arm of the Banque de France, said the report.French banks and insurers haven't properly considered the risk of being sued for causing climate change, a report from Paris-based regulators has concluded....

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