The Financial Stability Oversight Council established a "Climate-related Financial Risk Advisory Committee."
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The effective date for the Federal Reserve Board's new framework for the supervision of insurance activities engaged in by depository institution holding companies will be November 3, 2022.
The SEC extended to November 16, 2022, the period for consideration of a FINRA proposal to shorten the permitted syndicate account settlement timeframe for corporate debt offerings.
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.
In a new report, the Financial Stability Oversight Council asserted that digital assets could pose risks to U.S. financial stability.