In a comment letter on the FRB's "Principles for Climate-Related Financial Risk Management for Large Financial Institutions," the American Bankers Association supported efforts to create "a high-level guide for the largest institutions," but raised concerns on both substance and process.
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The disclosure and dissemination of mine safety information mandated by the Dodd-Frank Act improves safety performance, but also causes an overall decline in productivity according to a new paper released by the University of Chicago Booth School of Business.
Acting Comptroller of the Currency Michael J. Hsu addressed the threats posed to consumer trust in banking from inequality, digitalization, complacency and climate-related risk.
An investment adviser settled SEC charges for failing to supervise its screening process for ESG investments.
An automobile manufacturer entered into a plea agreement with the DOJ admitting to conspiracy to defraud the United States, wire fraud and Clean Air Act violations.