Regulation
Climate risk regulation rundown: July 2022
What happened in climate-related financial regulation last month, and what’s coming up The Financial Stability Oversight Council (FSOC), the US’ top financial regulatory body, received an update…
Yes, the FSOC *is* a tool to address climate change
The regulatory body has an explicit duty to respond to emerging threats to the stability of the US financial system. Climate change is one such…
What OSFI’s Draft Climate Risk Guideline Means for Canadian Financial Institutions
On May 26, Canada’s federal financial regulator released a draft guideline that outlines how nationally regulated financial firms should both manage and disclose their climate…
What’s in OSFI’s Climate Risk Management Guideline, and How Can Firms Prepare?
July 6th, 2022 In this webinar, we provide an overview of the climate risk guideline and what it means for Canada’s federally regulated financial institutions….
The SEC Climate Disclosure Rule Should Align with the TCFD, Say US Companies
Over the last three months, hundreds of organizations and individuals have submitted comments to the US Securities and Exchange Commission (SEC) on its proposed climate…
Climate risk regulation rundown: June 2022
What happened in climate-related financial regulation last month, and what’s coming up The US Securities and Exchange Commission (SEC) is investigating Goldman Sachs Asset Management (GSAM) over…
Climate Trends: Strengthening Transition Plans Climbs to the Top of the Regulatory Agenda
A transition plan is the backbone of an organization’s climate strategy as it sets out how a company, public body, or financial institution intends to…
Climate risk regulation rundown: May 2022
What happened in climate-related financial regulation last month, and what’s coming up The US Securities and Exchange Commission (SEC) extended the public comment period for its proposed rule…
Climate risk regulation rundown: April 2022
What happened in climate-related financial regulation last month, and what’s coming up Lael Brainard was confirmed by the US Senate as the next Vice Chair…
Could banks’ role in carbon markets be threatened by high capital charges?
A new study by the International Swaps and Derivatives Association suggests market risk rules unfairly penalize carbon trading Carbon markets yo-yoed dramatically in the wake…