The new guidance aims to encourage a sustainable finance environment by raising awareness on how climate and nature loss risks can create financial and other risks.

The Authority’s regulatory objectives are to maintain confidence in the financial sector and ensure consumers are protected and are encouraging firms to identify and manage climate and nature risks through good governance and risk management.

The Isle of Man sustainable finance initiative is focused on driving growth for business on the Island, prioritising education for staff, attracting talent, and directing capital and finance flows toward sustainability and nature-based solutions.

The Authority’s risk management expectations have been implemented into its existing regulation and the guidance can be found here: https://lnkd.in/edcKhP4c

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