ABA calls for ‘flexible, iterative’ approach to FDIC climate risk management
While expressing overall support for the FDIC’s Statement of Principles for Climate-Related Financial Risk Management for Large Financial Institutions, ABA ...
Tag: Risk management
Hsu: Banks should focus on counterparty credit, concentration risk amid economic uncertainty
As high inflation and economic uncertainties persist, Acting Comptroller of the Currency Michael Hsu said that “now is the time ...
When climate risk comes home
Community banks in oil and gas towns grapple with the future of climate risk supervision.
Podcast: Understanding the SEC’s climate risk disclosure proposal
Public comments for the Securities and Exchange Commission's sweeping climate risk disclosure proposal are due on June 17, with major ...
Survey: Banking outpaces other industries in preparing to combat fraud and corruption
The banking sector is among the most prepared industries to combat fraud, corruption and illicit activity, according to a recent ...
ABA to DOL: ERISA affords retirement savings sufficient protections from climate-related financial risk
In a comment letter responding to a Labor Department request for information, ABA said it is not necessary for the ...
SEC to extend comment period for proposed climate disclosure rule
The Securities and Exchange Commission today said that it would extend the comment period for its recently proposed climate disclosure ...
NACHA releases guide addressing contractual considerations of voice payments
The reference guide, created by NACHA’s Payments Innovation Alliance, provides background on the importance of terms and conditions when offering ...
FSB floats recommendations for climate risk reporting
As regulators around the globe work to develop frameworks for measuring and mitigating climate-related risks, the Financial Stability Board published ...
OCC publishes interest rate risk statistics report
The OCC today published its semiannual report on interest rate risk data gathered during examinations of OCC-supervised midsize and community ...
