Sector Regulation Sector Regulation

US Fed `very likely’ to deploy climate stress-test scenarios for large banks, Powell says

By Neil Roland
  • 11 Jan 2022 17:28
  • 11 Jan 2022 17:28
The US Federal Reserve is “very likely” to ensure climate stress-test scenarios are applied to large banks to make sure they analyze climate-related risks in their business model, Fed Chair Jerome Powell told lawmakers today.

“I think it’s very likely that climate stress scenarios, as we like to call them, will

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

Discover MLex

Stay on top of global regulatory developments

TAKE A FREE TRIAL

Latest News