Federal Reserve Board Vice Chair for Supervision Michael S. Barr promoted incorporating "exploratory scenarios" to address limitations in the FRB's current stress test program for the U.S. banking system.
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The Federal Reserve Board published details on how it plans to conduct its "Pilot Climate Scenario Analysis" exercise and the information it hopes to gather.
Federal Reserve Board Governor Michelle W. Bowman outlined her perspective on supervision and regulation of the banking industry and highlighted the costs of over-regulation.
The CFTC issued a Request for Information on risks to the derivatives and commodities markets presented by climate change.
ISDA responded to the European Securities and Markets Authority's "call for evidence" on a proposed climate risk stress testing procedure for central counterparties.