- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Aaron Nicodemus2023-08-28T17:54:00
A commissioner with the Commodity Futures Trading Commission (CFTC) recommended three action items to help the agency and regulated entities “measure, understand, and address climate-related financial risk.”
In a speech delivered Friday during a sustainable finance conference at Yale University, CFTC Commissioner Christy Goldsmith Romero said the agency has a responsibility to understand the climate risks posed to the commodities market. Doing so helps the market remain resilient, she said.
“Climate change poses an evolving, systemic risk to U.S. financial stability and markets that financial regulators have a responsibility to monitor,” she said. “… We need to evolve our understanding of climate risk. We need to ensure that there is appropriate climate risk management so there is not a threat to financial stability.”
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2023-12-28T16:28:00Z By Aaron Nicodemus
The New York State Department of Financial Services issued guidance to regulated banking and lending institutions on managing material financial and operational risks related to climate change.
2023-09-08T14:14:00Z By Aaron Nicodemus
John Gagel, chief sustainability officer for Lexmark International, shares with Compliance Week why the private company tracks its greenhouse gas emissions and plans to comply with the climate-related disclosure rule proposed by the Securities and Exchange Commission.
2023-06-30T16:15:00Z By Jeff Dale
The Enforcement Division of the Commodity Futures Trading Commission announced it established two new task forces to combat cyberattacks and misuse of technology and environmental fraud.
2025-04-24T18:07:00Z By Aaron Nicodemus
The Consumer Financial Protection Bureau (CFPB) has quickly become one of the most active agencies advancing the Trump administration’s pullback on prosecuting corporations, as it dropped yet another consumer protection lawsuit against a financial services company Wednesday.
2025-04-21T12:00:00Z By Neil Hodge
The United Kingdom’s latest effort to encourage regulators to pare down rules to attract companies and investment as a way to stimulate the economy has received mixed reviews from lawyers.
2025-04-18T14:01:00Z By Aaron Nicodemus
A federal judge has ruled that Google “willfully engaged in a series of anticompetitive acts” in the advertising technology industry, the latest antitrust setback in what could become a string of losses for tech companies.
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