News & Analysis as of

Climate Change Financial Stability Board

Cadwalader, Wickersham & Taft LLP

FSB Secretary-General Warns Financial Incentives Are Required to Counter Climate Change

In a recent valedictory press interview, the Secretary-General of the Financial Stability Board (FSB), Dietrich Domanski, posited that attempts to convince banks to combat climate change will be insufficient without financial...more

McDermott Will & Emery

Climate Change Regulatory Update for US Insurers: August 2022

McDermott Will & Emery on

This year started off with a surge of enthusiasm among US proponents of increased climate-related financial risk disclosure by insurers and others: - Soon after the late-2021 Conference of the Parties (COP) 26 event in...more

K&L Gates LLP

Brussels Regulatory Brief: January 2022

K&L Gates LLP on

ANTITRUST AND COMPETITION - European Commission Blocks a Global Transaction Involving Two Leading South Korean Shipbuilders - On 12 November 2019, a South Korean leading shipbuilder (the Notifying Party) notified to the...more

Proskauer Rose LLP

Regulation Round Up - October 2021

Proskauer Rose LLP on

The Financial Stability Board published its final report on the lessons learnt from the COVID-19 pandemic from a financial stability perspective. The Financial Conduct Authority (“FCA”) published a report on climate change...more

McDermott Will & Emery

What US Insurers Should Keep in Mind about Climate Change Regulations

McDermott Will & Emery on

There has been a marked increase in public announcements from regulators in recent months, both in the United States and internationally, relating to climate change and about embedding consideration of climate change-related...more

Beveridge & Diamond PC

TCFD Report Will Shape Future Expectations for Climate-Related Financial Disclosures

Beveridge & Diamond PC on

On June 29, 2017, the Task Force on Climate-Related Financial Disclosures (TCFD or Task Force) released its Final Report providing recommendations on voluntary climate-related financial disclosures. The recommendations,...more

A&O Shearman

Climate Change Reporting: Task Force on Climate-related Financial Disclosures

A&O Shearman on

At the end of last year, the Task Force on Climate-related Financial Disclosures (the Task Force) published its Recommendations Report on climate change related financial disclosures. The 32-member Task Force was...more

BCLP

Financial Stability Board Task Force Issues Recommendations on Climate Change-Related Disclosures

BCLP on

In January 2016, the G20’s Financial Stability Board organized a task force, chaired by Michael Bloomberg, to come up with recommendations for a uniform framework for the disclosure of financial risks and opportunities...more

Akin Gump Strauss Hauer & Feld LLP

Task Force to Develop Climate-Related Financial Disclosure Standards

Government regulators, financial industry standards agencies, nongovernment organizations and activist investor groups are advocating enhanced disclosure of the potential effects of business activity on the environment, or...more

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