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UK banks and insurers’ climate-change stress-test proposals published by BOE

( December 18, 2019, 11:35 GMT | Official Statement) -- MLex summary: Banks and insurance firms have been asked for their views on Bank of England stress-test proposals as the central bank seeks to measure the impact of climate change on financial stability. The BOE is consulting on the design of the exercise, the results of which will be published in 2021. The consultation is open until March 18, 2020.Discussion paper attached....

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