Expression of Interest for Supporting Financial Sector Reforms Risk Based Supervision Lead And Climate Finance Specialist F3 Risk Based Supervision Lead And Climate Finance Specialist
Expression of Interest for Supporting Financial Sector Reforms Risk Based Supervision Lead And Climate Finance Specialist F3 Risk Based Supervision Lead And Climate Finance Specialist
South Asian Association for Regional Cooperation (SAARC)
15-02-2022
Work Detail
Supporting Financial Sector Reforms Risk Based Supervision Lead And Climate Finance Specialist F3 Risk Based Supervision Lead And Climate Finance SpecialistBhutan S Finance Sector Comprises Five Banks Two Insurance Companies One Reinsurance Company And The National Pension And Provident Fund The Royal Monetary Authority Rma Is The Overarching Regulator Of The Financial System Rma Has Switched From Compliance Based Supervision Of The Financial System To Risk Based Supervision With Partial Adherence To Basle Iii Norms The Assignment Covers Assessing The Systemic Risk Including Climate Risk Of The Financial System With A Templated Approach Developing Guidelines For Corrective Action Climate Change Policy Of The Kingdom Of Bhutan 2020 Has A Policy Goals Of Providing Strategic Guidance To Ensure That Bhutan Remains Carbon Neutral And Protects The Wellbeing Of The People Of Bhutan By Adapting To Climate Change In An Efficient And Effective Manner Ensuring Meaningful Participation Of All Relevant Stakeholders In Climate Change Action In A Coordinated And Coherent Manner With Clear Roles And Responsibilities And Ensuring That The Challenges And Opportunities Of Climate Change Are Addressed At All Appropriate Levels Through Adequate Means Of Implementation Finance Technology Capacity Building And Awareness And Integration Into Relevant Plans And Policies To This End The Assignment Has Identified Climate Risk Impacting The Financial System As A Key Aspect When Assessing Systemic Risk
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