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Risk Management › Environmental Policies › Financial Services Industry

Mintz

European Central Bank Plans to Fine Banks for Failures to Address Climate Change

Mintz on

It has been publicly reported that the European Central Bank is planning to impose financial penalties (albeit modest ones) on certain banks that have failed to adequately prepare for climate change. Specifically, the...more

Orrick, Herrington & Sutcliffe LLP

OCC withdraws climate risk guidelines for large banks

Orrick, Herrington & Sutcliffe LLP on

On March 31, the OCC announced that it had withdrawn from participating in the interagency principles for managing climate-related financial risks for large financial institutions....more

A&O Shearman

Financial Stability Board analytical framework and toolkit to assess climate-related vulnerabilities

A&O Shearman on

The Financial Stability Board published a report containing a framework and analytical toolkit to assess climate-related vulnerabilities. The report introduces an analytical framework that the FSB will use to trace how...more

Pillsbury Winthrop Shaw Pittman LLP

Congressional and Government Investigations in 2021: What to Expect from the Biden-Harris Administration and How to Prepare

Pillsbury Winthrop Shaw Pittman LLP on

As savvy investigators in Congress and the Biden-Harris Administration prepare for new and expanded government investigations, it is time for potential targets to assess and address their vulnerabilities. Investigators in...more

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