Financial Supervisory Authority becomes member of Network of Central Banks and Supervisors for Greening the Financial System (NGFS)
The Financial Supervisory Authority (FIN-FSA) has been accepted as a member of the Network of Central Banks and Supervisors for Greening the Financial System (NGFS). The network develops practices aimed at improving conditions for sustainable financing and identifying the risks to the financial sector from climate change.Anneli Tuominen, Director General of the FIN-FSA, is a member of the network’s steering committee.
“In the future, supervision of sustainable financing will be a greater part of the FIN-FSA’s work. It is important that we contribute to creating common, international supervisory practices,” says Tuominen.
The NGFS plays a key role in sharing supervisors’ best practices, preparing uniform definitions and increasing dialogue.