Insight

Washington Report 360 | February 18, 2022

Federal banking agencies proposed rule changes to CRA; DOL seeking input on protecting retirement savings from climate risks.

Amy S. Matsuo

Amy S. Matsuo

Regulatory and ESG Insights Leader, KPMG US

+1 919-664-7100

Key Highlights

  • Community Reinvestment Act. FRB, OCC, and FDIC will jointly release an NPR “in the not-too-distant future;” changes will include the increased use of mobile and internet delivery channels, and clarity on eligible activities and investments. 
  • Climate. Multiple issuances including: DOL is seeking input on protecting retirement savings from climate risks. BIS published a paper on challenges to the regulatory response to climate risks. FIO joined the NGFS and plans to publish a report on climate-related gaps in insurance supervision and regulation.

Financial services regulatory and policy news

Banking

Capital Markets

Other

Industry news headlines

(Some links may require subscription)


Related content