- AB - Policy & Regulation
Jonathan Fink will be associate chief counsel, while Patricia Grady will serve as deputy chief counsel. Fink has been a leading public face on climate risk at the agency in recent months.
July 19 -
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The HSBC Holdings executive at the center of a row over climate change risks has resigned from the bank as he issued a broadside against corporate “cancel culture.”
July 7 -
Europe’s landmark test of banks’ resilience to global warming was far softer than many lenders had expected, according to people familiar with the matter.
July 5 -
In its semiannual risk report, the Office of the Comptroller of the Currency said it was working to provide clarity on the legality and soundness related to digital assets.
June 23 -
A report from the Roosevelt Institute published Monday urges Biden’s bank regulators to address climate risks through supervisory guidance, a move unlikely to garner support from banks.
June 6 -
Regulators must be cognizant of any threat that could harm the financial sector while resisting the urge to overstep their authority to set policy that should be decided by Congress.
May 28Mercatus Center at George Mason University -
Strong climate policy and continued development of stress-testing tools by central banks are essential to transitioning to carbon neutrality.
May 27Official Monetary and Financial Institutions Forum -
HSBC Holdings has suspended executive Stuart Kirk days after he criticized the finance industry for worrying too much about climate change, according to a person familiar with the matter.
May 23 -
The card company and financial institutions are collaborating with cross-border settlement platform Carbonplace to improve processing and risk management for environmentally-focused transactions.
May 10