Washington Report 360 | August 5, 2022

Climate bill, Insurance risks, Carbon credits, Concentration risk

Key Highlights

  • Climate bill: The Senate’s proposed Inflation Reduction Act would allocate $369 billion toward energy and climate-related programs; amendments/vote upcoming. (See KPMG Regulatory Alert)
  • Insurance risks: August 15, 2022 compliance date for the NY DFS insurance climate guidance. (see KPMG Regulatory Alert)
  • Carbon credits: Issuance of proposed standards and proposed trading rules for voluntary carbon credits.
  • Concentration risk: FDIC intends to increase supervisory and examination focus on commercial real estate loan concentrations
Financial services regulatory news
SEC
FINRA
Interagency
FRB
FDIC
OCC
CFPB
Treasury
FTC
NYDFS
HUD
BIS

 

Financial services policy news
White House
Senate


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Contact us 

Amy S. Matsuo

Amy S. Matsuo

Regulatory and ESG Insights Leader, KPMG US

+1 919-664-7100