Banks must take action on climate change, warns senior UK regulator
Sarah Breeden from the Prudential Regulation Authority urged financial institutions to begin preparations for the impact of climate change on the global economy
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ContinueLearn MoreSarah Breeden from the Prudential Regulation Authority urged financial institutions to begin preparations for the impact of climate change on the global economy
The penalties settle investigations into the bank regarding its compliance with US sanctions against countries including Iran, as well as its anti-money laundering risk standards