AMF, ACPR Publish 4th Report on Paris Financial Centre Climate Commitments
Summary
The AMF and ACPR have released their fourth annual report assessing the climate commitments of financial institutions in Paris. The report covers the period leading up to June 2024 and highlights evolving regulatory and market contexts.
What changed
The Autorité des Marchés Financiers (AMF) and the Autorité de Contrôle Prudentiel et de Résolution (ACPR) have jointly published their fourth report detailing the monitoring and assessment of climate commitments made by players in the Paris financial centre. This publication, dated June 21, 2024, comes at a time of significant shifts within financial institutions, regulatory bodies, and the international energy market.
This report serves as an informational update for regulated entities and stakeholders regarding the progress and challenges in meeting climate-related financial commitments. While it does not impose new obligations or deadlines, it provides insights into the evolving landscape of climate risk management and regulatory expectations within the French financial sector. Compliance officers should note the context provided for understanding future supervisory focus.
Source document (simplified)
The AMF and the ACPR have published the 4th edition of their joint report on the monitoring and assessment of the climate commitments made by Paris financial centre players. Published on 21st of June 2024
This report is released against a backdrop of major changes from both financial institutions, and the regulators and regulatory framework, as well as in the international context, which has led to major tensions on the energy market.
Download the press release
The AMF and the ACPR have published their report on the monitoring and... (PDF - 481.63 KB) Updated on the 9th of December 2024
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