This paper assesses the vulnerability of credit guarantee schemes to the physical and transition risks related to climate change.

It is the job of financial institutions to manage financial risks and provide suitable products and services to customers. Most are good at this and recognise that balancing broad stakeholder interests is important to remain sustainable and for our financial system to function properly.

China has stepped up reform in its credit rating industry as new rules to improve standards and regulations of the sector took effect on Aug 6, amid the country's broader push to curtail financial risk and further unleash the potential of its huge bond market.

The FCA and PRA hosted the second meeting of the CFRF’s third session on 12 July 2022.

China has preliminarily established the basic framework of a fund for ensuring financial stability and raised 64.6 billion yuan ($9.55 billion) in the first round of funding

China's listed banks saw their bad loan ratio decline in 2021 amid enhanced efforts to fend off financial risks.

China will strengthen efforts to prevent and defuse financial risks to stabilize the financial market in 2022, according to the central bank.

China plans to complete preparatory work for the establishment of a fund for ensuring financial stability by the end of September, the State Council said on Mar.25, as the country ramps up efforts to prevent and dispose of economic and financial risks.

Emerging markets must step up efforts to maintain financial stability as global economic and financial risks are rising amid the tightening policies of major central banks, experts said on Mar.24.

Many A-share listed banks in China recorded a decline in their nonperforming loan ratios last year amid stepped-up efforts in financial risk mitigation and the disposal of nonperforming assets.

China has the confidence, conditions, and capability to ensure no systemic financial risks arise due to consistent efforts to prevent and resolve these risks, said the central bank Mar.3.