ABA comments on FAF draft strategic plan
As the Financial Accounting Foundation considers a proposed strategic plan, ABA is recommending the organization consider ensuring that post-implementation reviews ...
Tag: Climate
FSB issues progress report on climate risk efforts
The Financial Stability Board today issued a progress report on its work to implement its roadmap for addressing climate-related financial ...
Ahead of G20 meeting, FSB chair warns of economic slowdown
The Financial Stability Board today published a letter from Chairman Klaas Knot warning of global financial system vulnerabilities and providing ...
ABA, state associations to agencies: Protect banks’ freedom to make business decisions
As ESG guidance and disclosures from regulators proliferate, banks must remain free to lend to, invest in and do business ...
ABA calls for significant changes to SEC climate risk disclosure framework
Warning that the agency is going far beyond its mandate, the American Bankers Association today week urged the Securities and ...
Basel officials warn of ‘unrealistic’ expectations for banks in green transition
Top economic and regulatory officials at the Basel, Switzerland Bank for International Settlements emphasized the limits of the financial industry’s ...
CFTC seeks feedback on climate-related financial risk
The Commodity Futures Trading Commission today issued a request for information regarding climate-related financial risks related to the derivatives markets ...
ABA joins coalition opposing California emissions bill
ABA yesterday joined a broad coalition of more than 40 trade groups—led by the California Chamber of Commerce—in a letter ...
FDIC lookback: banking conditions improved in 2021
The FDIC today said that the banking environment improved in 2021 as the economy recovered from a period of economic ...
Barr: Fed’s authority ‘Narrow, limited’ regarding transition to low-carbon economy
Testifying before the Senate Banking Committee, Michael Barr—President Biden’s nominee to serve as Federal Reserve vice chairman for supervision—said that ...
