Strengthening climate resilience in the financial services sector: Perspective from Québec’s AMF Climate Risk Management Guideline
In late 2023, the Autorité des marchés financiers’ (AMF), the organization that oversees Québec’s financial industry, published a draft Climate Risk Management Guideline, which will apply to licensed insurers, financial services cooperatives, authorized trust companies and other authorized deposit institutions. The Guideline acknowledges that climate-related risks can significantly affect the safety and soundness of Québec-regulated […]
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