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Bank of England Climate and Capital conference
The Bank of England formally engaged with the international financial community to discuss the role of regulatory capital in the management of climate risks.
FS regulatory affairs newsletter – Q3 2022
Following on from our Q2 edition of the FS regulatory affairs newsletter, this edition covers regulatory developments in the third quarter of 2022.
OECD Pillar 2 (GloBE) rules
In December 2021 the OECD issued their model rules setting out how the global 15% minimum tax rules could look. Countries adopting the rules are likely to follow these rules in their local legislation with a target for the first stage of legislation in 2022 and implantation from 2023.