With only a few weeks remaining before the implementation of IFRS 17 on January 1, 2023, we revisited the topic with FCIAs and Co-Chairs of the IFRS 17 Steering Committee, Sati MacLean and Les Rehbeli.
Climate-related scenario analysis for Canadian financial institutions
Climate-related financial risks have emerged as some of the most important topics among risk professionals. While plenty of material has been produced to provide essential learning about the sources and definitions of climate-related risk, a practical climate-risk exercise focused on the Canadian financial system was notably absent. The 2021 Bank of Canada (BoC)/Office of the Superintendent of...