Heightened Focus On Climate Change Risk Expected From Federal And State Financial Regulators

LexisNexis (October 22, 2021, 11:04 AM EDT) -- Compared to their global peers, prudential federal financial regulators in the United States have been slow to focus on managing the risk of climate change to financial institutions and financial market stability. The laissez-fare attitude is changing. Regulated depository and non-depository banking organizations need to prepare for heightened scrutiny....