Introduction Policymakers are increasingly focusing on climate-related financial risks (CRFR) in the banking sector. Importantly, the Federal Deposit Insurance Corporation (FDIC), the Office […]
Introduction All good Superman fans are familiar with Bizarro world – a land in which up is down and everything
Introduction Recently, regulators both inside and outside the U.S. have taken a keen interest in moving forward with additional changes
This week both the Basel Committee on Banking Supervision (BCBS) and the Office of the Comptroller of the Currency (OCC) will be accepting feedback
Introduction Climate change is garnering considerable attention from financial policymakers. As an example, the Financial Stability Oversight Council (FSOC) recently
Last week, the Federal Reserve released its Fall 2021 Financial Stability Report. The report does an excellent job of highlighting how banks,
Introduction A key priority of regulators in the U.S. and Europe is the implementation of the Basel III Finalization (B3F) framework, which
Introduction Over the past 1-1/2 years, large banks have seen a massive increase in their deposits and overall balance sheets as outstanding
Introduction A key feature of the post-crisis regulatory regime is the “buffer” framework. A buffer is, technically speaking, not a
Introduction Yesterday’s release of the FSOC Report on Climate-Related Financial Risk clearly demonstrates increased attention by policymakers and the public
