FRANKFURT, June 5 Reuters Some euro zone banks have fallen short of the European Central Bank39;s climaterelated goals and may face fines, a senior ECB supervisor said in an interview published on Wednesday.

The ECB has handed banks a list of deadlines for factoring in risks relating to climate change, from floods and droughts to a transition to new energy sources, into the way they do business.

But some banks have fallen behind schedule, Kerstin af Jochnick, a member of the ECB39;s Supervisory Board, told Spanish newspaper Cinco Dias.

We have notified a few banks that, based on our current assessment, they have not met the interim milestones, which means they face the prospect of having to pay a socalled pecuniary penalty, af Jochnick said.

The ECB can fine banks up to 5 of their daily turnover until the issue is resolved or for up to six months. Banks have the right to be heard before any fine, known as periodic penalty payment in ECB speak, is enforced.

Supervisors will need to assess the documents that banks submit and the total number of days that they might have failed to comply past the deadlines we gave them, af Jochnick said. This will form the basis for any potential penalty, which would need to be decided upon by the Supervisory Board. So its a process that is not over yet.

The ECB has been putting pressure on laggards for over a year to some effect.

The ECB39;s top supervisor, Claudia Buch, said on Tuesday almost all banks had acknowledged they…