Bank regulators eye climate risk scenarios, drawing GOP criticism ...Middle East

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Bank regulators eye climate risk scenarios, drawing GOP criticism
source : Roll Call ( Middle East ) () 17
Federal regulators are warming to scenario analysis as an emerging tool to evaluate financial institutions’ vulnerability to climate risk, drawing criticism from at least one Senate Republican. The Federal Deposit Insurance Corporation and the Federal Reserve are rallying behind scenario analysis, which involves examining the economic ramifications of hypothetical situations on companies and the market at large. Martin J. […] The post Bank regulators eye climate risk scenarios, drawing GOP criticism appeared first on Roll Call.

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