As the central bank, the PBC will assess the impact of climate change on financial stability and monetary policy. We are looking at the possibility of including climate change factors in the stress test of financial institutions.
Furthermore, recent changes to the Legal Framework of Credit Institutions and Financial Companies place new obligations on institutions when setting their compensation and evaluation policy for workers in contact with customers in the sale of retail banking products and services, with a view to minimising the risk of conflicts of interest and avoiding potential harm to customers.