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.
News & Insights
The Federal Reserve Board, the FDIC and the OCC extended previously issued no-action relief to asset managers and other institutions from regulations that limit extensions of credit to "insiders."
The Federal Reserve Board notified supervised institutions, including those with $10 billion or less in consolidated assets, that certain "Supervision and Regulation" and "Supervision and Regulation and Consumer Affairs" letters are now inactive.
The comment deadline for the joint Federal Reserve Board and FDIC Advance Notice of Proposed Rulemaking soliciting feedback on whether the agencies should revise large bank resolution standards was extended to January 23, 2023.
Comments on the Federal Reserve Board's draft "Principles for Climate-Related Financial Risk Management for Large Financial Institutions" are due by February 6, 2023.