Khalid Azizuddin
Both banks are claimed to have ruled out ending their relationship with the body.
The FSB has called on central banks to work across jurisdictions to overcome data and modelling limitations.
Engagement and lobbying in focus ahead of Finance Day at COP27.
Academics say it could have implications for proxy voting process at institutional managers.
Banks have until 2024 to address supervisory concerns.
The initiative hopes to address global gaps in climate transition data.
The body’s scenarios are seen as potential global blueprints to meet climate goals under the Paris agreement.
Regulator introduces new fund labelling regime and sustainability disclosure requirements for asset managers.
Second-largest verification firm throws weight behind IC-VCM's Core Carbon Principles.
The rules are expected to be formally adopted by December.