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NYDFS Proposes Guidance on Climate Change Risk Management | Latham & Watkins LLP - Vimarsana News

NYDFS Proposes Guidance on Climate Change Risk Management | Latham & Watkins LLP

Published: January 11, 2023

The Guidance would increase expectations for regulated financial institutions to identify, measure, monitor, and control climate-related financial risks. For the past...

Source: jdsupra.com
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New YorkUnited StatesWest VirginiaAdrienne HarrisRon DesantisExchange CommissionDeposit Insurance CorporationLatham WatkinsYork State Department Of Financial ServicesOffice Of The ComptrollerFederal ReserveNew York State DepartmentFinancial ServicesNew York State Regulated BankingMortgage Institutions RelatingSoundness RisksClimate ChangeNew York State RegulatedYork State RegulatedControl FrameworkManagement ProcessClimate MitigationFederal Reserve SystemClimate Related Financial Risk ManagementLarge Financial
Climate Risk Management Vs. Community Development Lending: NYDFS Wants Its Banks And Mortgage Companies To Do Both - Financial Services - Vimarsana News

Climate Risk Management Vs. Community Development Lending: NYDFS Wants Its Banks And Mortgage Companies To Do Both - Financial Services

Published: January 5, 2023

On December 21, 2022, the New York Department of Financial Services proposed guidance for how the banks and mortgage institutions it regulates should manage climate-related financial risks.

Source: mondaq.com
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New YorkUnited StatesCommunity ReinvestmentA New York InstitutionYork Department Of FinancialConference Of State Bank SupervisorsNew York DepartmentProposed GuidanceYork InstitutionsLegal UpdateState BankFederal HousingFinance AgencyNew York InstitutionsControl FrameworkManagement ProcessNew York InstitutionHarris ProposesNew York State Regulated BankingInstitutions RelatingSoundness RisksFrom Climate ChangeNew York RegulatedNew York LicensedModel State Regulatory Prudential Standards