Structured Finance Association Releases 2022 ESG Market Sentiment Survey Results The second biennial survey reveals issuer and investor perspectives on ESG in relation to the structured finance market. The Structured Finance Association (SFA) has released...
Read MoreFed’s Pilot Program for Climate-Related Stress Tests—Six-Month Deadline for Six Bank Participants Participants in the Federal Reserve’s climate stress test pilot program—Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley and Wells Fargo—have received...
Read MoreChair Powell Addresses Fed’s Stance on Climate Policy At the Symposium on Central Bank Independence, Federal Reserve Chair Jerome Powell emphasized his stance that climate change is not in the direct purview of the Fed’s...
Read MoreSFA Submits Letter to GSEs in Response to Their Proposed Single-Family Social Index On January 5, 2023, on behalf of our investor members SFA submitted a letter to Fannie Mae and Freddie Mac (the GSEs)...
Read MoreOn December 2, the Federal Reserve Board (Fed) proposed new principles for how banking institutions should manage climate-related financial risks. The proposed principles would apply to banking organizations with more than $100 billion in total assets and...
Read MoreThe Financial Conduct Authority (FCA) announced new rules that, if adopted, would include sustainability labels and restrictions on the use of “ESG”, “green” and “sustainable” to describe investment products. The FCA stated that funds listed as responsible...
Read MoreA 2022 Status Report released by the Task Force on Climate-Related Financial Disclosure (TCFD) highlights a significant increase in the number of companies reporting on climate-related risks and the amount of information they are providing....
Read MoreOn October 18th, Freddie Mac and Fannie Mae jointly announced that they will release pool-level Social Index disclosures for its single-family MBS. In August 2022, Fannie Mae had announced the proposed methodology for single-family social disclosures. That proposed...
Read MoreEU Lawmakers Introduce Stricter Rules for Regulating Green Bond Market On May 17, the EU Parliament’s Economic and Monetary Affairs Committee announced a series of proposals establishing new rigorous rules for the EU Commission’s regulation...
Read MoreSFA’s 2nd Annual Market Survey on ESG Don’t Forget: Your Feedback is Needed to Make the Results Meaningful SFA invites you to participate in our 2nd Annual Market Survey to continue tracking the integration of ESG (environmental, social and governance)...
Read MoreSEC Climate Disclosure Proposal Presents New Risks for Consideration The Wall Street Journal reports that the Securities and Exchange Commission’s recent climate disclosure proposal would expand the exposure of public companies to securities litigation. As...
Read MoreOn March 21, the Securities and Exchange Commission (SEC) proposed new rules that would require companies to disclose climate risk-related information in its annual financial reports and registration statements. As expected, the proposed disclosures are...
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