Climate-related Financial Risk Management Regulation (CBUAE Circular C 8/2025)

Likely relevant to UAE banks and insurance companies. Other financial firms are not automatically in scope. Non-financial companies are not the regulated entities, though their banks may ask them for climate data.

Entity types

• Banks
• Insurance companies
• UAE institutions required to comply on a solo and group basis

Conditions

• The entity is a bank or an insurance company within CBUAE’s scope.
• Foreign branches and subsidiaries should confirm how proportionality and group-level application are being applied.
• No confirmed calendar deadline for the remediation plan was identified.

• Applies to banks and insurance companies. Groups with significant relationships must comply on a solo and group-wide basis.
• The Central Bank may later extend the regulation to other licensed financial institutions. That extension was not identified as already in force.
• Proportionality is recognised, including for branches of foreign banks.
• Climate-related financial risk must sit in the risk framework, with identification, data, measurement, reporting, control and mitigation.
• Scenario analysis must be conducted at least annually, and inside ICAAP where the institution is required to run ICAAP.
• Article 8: effective upon publication in the Official Gazette. Non-compliant institutions must submit a plan explaining the gap and the steps to full compliance.

• No confirmed deadline identifiedRemediation plan for institutions that cannot demonstrate full compliance. No calendar day identified. The Central Bank assesses the plan. (confirmed, filing)

Other dated events

• 8 July 2025Circular issue date (C 8/2025) (effective, confirmed). Issue date of the circular. Article 8 makes entry into force depend on Official Gazette publication. The Rulebook status is In-Force. A separate gazette date was not identified.
• No confirmed deadline identifiedEntry into force upon publication in the Official Gazette. No separate gazette date identified on the reviewed Rulebook page. (effective, confirmed)

• No confirmed deadline identifiedScenario analysis at least annually. No calendar day identified.

• This is a prudential risk-management regulation, not a sustainability report for non-financial companies.
• Annual scenario analysis is a recurring process duty. The regulation does not name a calendar day.
• Borrowers may feel this indirectly through credit due diligence. That indirect effect is not the same as being in scope of C 8/2025.

1. Banks and insurers: map the regulation to board governance, risk appetite, data and the annual scenario cycle.
2. If full compliance is not in place, prepare the remediation plan the regulation requires and agree its contents with counsel and the supervisor relationship team.
3. Other firms: do not treat C 8/2025 as your own filing obligation.

• Introduction and scope
• Article 4
• Article 8

No amendment was verified for this record.

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• CBUAE Rulebook — Climate-related Financial Risk Management Regulationprimary · C 8/2025 issued 8 July 2025; status In-Force; scope paragraph 8
• CBUAE Rulebook — Article 8 Publication and Applicationprimary · Effective on Official Gazette publication; remediation plan
• CBUAE Rulebook — Article 4 Risk Managementprimary · Annual scenario analysis

• 13 October 2026 — Initial navigator record. Scope limited to banks and insurers. Gazette calendar date intentionally left blank.