FDIC Issues Draft Principles on Climate Risk Management
The FDIC today released for comment a set of draft principles to guide a framework for climate risk management for ...
Tag: Risk management
SEC Proposes First-Ever Climate Risk Disclosures for Public Companies
The Securities and Exchange Commission today proposed a much-anticipated set of requirements for public companies to disclose information about climate ...
OCC’s Hsu: Climate Risk Exams for Community, Midsize Banks ‘Number of Years’ Away
For midsize and community banks, it will be a number of years before OCC examiners conduct climate risk management examinations.
FSB to Prioritize Transition to Post-Pandemic World, Digitalization, Climate Change
In a letter to G20 finance ministers and central banks governors today, the Basel, Switzerland-based Financial Stability Board outlined its ...
ABA Calls for Principles-Based Approach to Large Bank Climate-Related Financial Risk Guidance
The American Bankers Association today called on the OCC to continue taking a “principles-based approach that is flexible and iterative” ...
USDA Investing in Risk Management Training for Farmers
USDA is investing up to $2 million in cooperative agreements this year for risk management education and training programs that ...
OIG Flags Deficiencies in FDIC’s Threat Sharing Framework
A recent audit conducted by the FDIC’s Office of the Inspector General found that the agency “did not establish effective ...
Brainard: Fed Will Not Tell Banks to Restrict Lending to Oil and Gas Firms
With regulatory scrutiny of climate change-related risks growing, Federal Reserve Governor Lael Brainard promised today that the Fed’s climate risk ...
Top Bank Risks for 2022
Five key factors for risk managers and C-suites in the year ahead.
Fighting the Rise in Ransomware Attacks: The Value of Breaking Through Silos
Confronting the disconnect between the law enforcement experts who understand how the criminals commit crimes and the financial industry experts ...
