This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

UK banks, insurers see updated expectations on managing climate risks

( December 3, 2025, 13:31 GMT | Official Statement) -- MLex Summary: UK banks and insurers have received updated expectations from the Bank of England's Prudential Regulation Authority on how they should manage climate-related risks. After a 2019 policy, the prudential regulator updated expectations in response to industry calls for greater clarity. Firms must embed climate-related financial risks into governance, risk management, and scenario analyses. The policy takes effect on Wednesday, but firms have six months to review their assessments before supervisors will ask for evidence of their internal reviews and action plans. Statements are attached....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Documents

Related Sections