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Fed Blocks Tough Global Climate Rules for Wall Street Banks

(Bloomberg) US regulators, led by the Federal Reserve, have thwarted a push to make climate risk a focus of global financial rules, according to people familiar with the matter.Most Read from BloombergA Million Simulations, One Verdict for US Economy: Debt Danger AheadTrump Media’s Business Doesn’t MatterTSMC Facilities to Resume Production Overnight After QuakeKim Jong Un Faces Annihilation in Most Korea War ScenariosTrump Got His $175 Million Bond From a Billionaire Fan’s CompanyEuropean ce ....

New York , United States , Michelle Bowman , Michael Barr , Joe Biden , Frank Elderson , Sarah Bloom Raskin , Michael Hsu , Patrick Mchenry , Christopher Waller , Andy Barr , Bloomberg Businessweek , Kate Davidson , Kevin Stiroh , Jerome Powell , Katanga Johnson , Federal Reserve , Stanford University , Federal Reserve Bank , Deposit Insurance Corp , Office Of The Comptroller , European Central Bank , Basel Committee On Banking Supervision , Basel Committee , Task Force On Financial , Monetary Policy ,

Crafting ESG reporting standards

GLOBAL authorities and regulators prioritise environmental, social and governance (ESG) practices in the private sector, resulting in stringent report. ....

New Zealand , United Kingdom , European Union , Task Force On Financial Disclosures , Corporate Sustainability Reporting Directive , Task Force , Climate Related Financial , Dr Norazlin Ab Aziz And Dalilawati Zainal ,