Don’t Stress the Test: Preparing for the Climate Biennial Exploratory Scenario

Are you ready for the upcoming Climate Biennial Exploratory Scenario (CBES)? The newly released regulatory draft data templates indicate that this exercise will be bigger and more complex than many expected, pushing participants to take the first big step in translating climate change insights into actionable business strategies.

Join RMS and guest speakers from EY to learn how to start preparing for the June CBES Launch NOW. In this webinar we’ll:

• Review the Prudential Regulation Authority’s (PRA) latest updates on the CBES
• Discuss approaches to modeling the impacts of climate change in the balance sheets of both insurers and banks
• Discuss how these results can be integrated into your balance sheet and your risk management framework, ensuring compliance with the PRA’s SS3/19