Large Bank CEOs Discuss Pandemic Response, Climate Policy During Congressional Hearing
The CEOs of the nation’s largest banks recapped their institutions’ efforts to support their customers and communities through the COVID-19 ...
Tag: ESG
President Biden Signs Sweeping Executive Order on Climate-Related Financial Risk
President Biden late Thursday signed an executive order on climate-related financial risk that, among other things, directs financial regulators to ...
ABA Urges Broad Coordination on Climate Risk Regulation in Letter to FHFA
Neither the Federal Housing Finance Agency or the banking industry “currently have the expertise to recommend or make changes to ...
Treasury Unveils Climate Policy Strategy
The Treasury Department today announced a new climate policy strategy intended to “bring to bear the full force of on ...
Climate Risk Disclosure Act Reintroduced in Congress
Democrats today reintroduced the Climate Risk Disclosure Act, bill that would require public companies to make disclosures about their exposure ...
Basel Committee Publishes Papers to Guide Work on Climate Risk
The Basel Committee today published two papers on climate-related risk that will serve as a “conceptual foundation” as the committee ...
SEC Issues Risk Alert to Firms Offering ESG Investment Vehicles
The Securities Exchange Commission on Friday warned firms of “deficiencies and internal control weaknesses” that examiners have observed in reviews ...
2021 Compliance Priorities, Updated
A quarter into the year, a quick check on how key areas are changing, with some important suggestions.
FSB Developing Roadmap to Coordinate Work on Climate-Related Financial Risks
The Financial Stability Board is in the process of building a “roadmap” to coordinate work being done on climate-related financial ...
Yellen Flags Climate Change as Key Emerging Risk
Treasury Secretary Janet Yellen today flagged climate change as the most significant urging risk for the Financial Stability Oversight Council ...
