MUSCAT/WAM The number of hotel establishments across Gulf Cooperation Council (GCC) countries exceeded 11,200 in …
Read More »ECB to begin work in 2022 to add climate risk to capital bar
Bloomberg European bank regulators are set to start work later this year on adding climate-change risks to the framework for setting capital requirements, in a shift that would penalise lenders for failing to prepare for losses from extreme weather and the shift to clean energy. Several members of the European Central Bank’s (ECB) supervisory board say they expect to …
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