FSB agrees 2017 workplan
18 Nov, 2016
Financial Stability Board (FSB) met in London on 17 November to discuss current vulnerabilities, ongoing policy work, and its work plan for 2017.
One of the topics discussed was the work of the Task Force on Climate-related Financial Disclosures (TCFD). TCFD Chair Michael Bloomberg and Mary Schapiro, Special Adviser to the Chair, presented an update to the Plenary on the work of the industry-led TCFD. The presentation included a summary of the recommended voluntary disclosures and guidance developed by the TCFD, which will be released for public consultation in December 2016. The final report will be published by June 2017. The FSB welcomed the progress of the TCFD in finalising recommendations, given the importance of effective risk disclosures, and encouraged firms to respond to the TCFD’s forthcoming consultation.
For the full workplan and topics discussed please see the press release on the FSB website.
