In his opening remarks at the 2022 American Bankers Association Washington Summit, ABA President and CEO Rob Nichols laid out the association’s advocacy priorities and pushed back against some misconceptions about the banking industry that have made their way into policy conversations in recent days.
Risk managers should be prepared to address three key climate questions for bank leadership.
Sustainable finance, operational resilience and digitization are the top three regulatory topics financial services senior executives say they expect their boards and executive committees to spend the most time on in 2022, according to Deloitte’s Financial Markets Regulatory Outlook released today.
Ensuring your compliance team is ready for what is ahead begins with confronting a set of challenges in these key areas.
The often-intertwined issues of social equity and environmental considerations are among the deepest and most challenging ESG issues that bankers currently face.
The American Bankers Association today wrote to the Department of Labor in support of the agency’s revisions to its investment duties regulation that include consideration of environmental, social, and governance investment factors and a fiduciary’s proxy voting activity under the Employee Retirement Income Security Act.
How is the trust services sector positioning itself to serve the next generation of wealth clients?
For banks, understanding what constitutes ESG and most prominent global frameworks will be time well invested to raise awareness and prepare for what will follow.
The Department of Labor today issued a proposed rule regarding the environmental, social or governance investing and a fiduciary’s proxy voting activity under the Employee Retirement Income Security Act.
The Federal Reserve is working to develop a scenario analysis through which banks can model the potential risks associated with climate change and assess their ability to manage those risks, Federal Reserve Governor Lael Brainard said at an industry event today.