Financial Stability Board chair warns of ‘uneven’ progress in nonbank regulation
Recent incidents have shown that nonbank entities can create or amplify risk throughout the global financial system, but the pace ...
Tag: Climate change
Fed’s Bowman: Regulators need to refocus on core risks to banking system
Focusing regulatory reform and guidance efforts on issues that do not represent core banking risks, such as climate change, will ...
Fed releases results of pilot climate risk exercise
The Federal Reserve released a summary of the exploratory pilot climate scenario analysis exercise that it conducted with six of ...
Climate risk: Threading the needle
The value of focusing on preemptive strategies
Senate resolution would overturn SEC climate disclosure rule
More than 30 senators are cosponsoring a Senate joint resolution to overturn the Security Exchange and Commission’s climate disclosure rule.
ABA, associations urge lawmakers to bolster funding for CDFI Fund
ABA joined the Community Development Bankers Association, National Bankers Association and two other associations in urging members of the House ...
SEC pauses enforcement of climate disclosure rule
The SEC issued a stay on enforcement of its climate disclosure final rule while federal courts consider several challenges to ...
Powell: Fed not seeking to become climate policymaker
Federal Reserve Chairman Jerome Powell said that the Fed needs to avoid “mission creep” if it wants to maintain the ...
ABA urges Basel Committee to rethink proposed climate disclosures
Citing inconsistencies with the Basel Committee on Banking Supervision’s regulatory capital framework and its recent guidance on climate risk disclosures, ...
SEC approves climate disclosure rule
The Securities and Exchange Commission voted approve new climate disclosure requirements for publicly traded companies.
