FSS Governor Lee Bok-hyun attends Basel Committee meeting, reaffirming swift Basel III implementation amid global financial challenges and climate risk concerns
#YonhapInfomax #BaselCommittee #BaselIII #FinancialRegulation #ClimateRisk #FinancialStability #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=62969
Lee Bok-hyun Attends Basel Committee Meeting, Reaffirms 'Swift Implementation of Basel III'

FSS Governor Lee Bok-hyun attends Basel Committee meeting, reaffirming swift Basel III implementation amid global financial challenges and climate risk concerns

Yonhap Infomax
Fed blocked Basel Committee proposal to elevate climate risk in banking regulations; disclosure on climate impact postponed till 2026.🇺🇸🏛
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#FederalReserve #BaselCommittee #ClimateRisk #FinancialRegulations
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Read the full story: https://sustainabilityeconomicsnews.com/featured/us-federal-reserve-blocks-climate-risk-in-finance-rules/
US Federal Reserve blocks push for climate risk focus in financial rules

Federal blocked Basel Committee proposal to elevate climate risk in banking regulations; disclosure on climate impact postponed till 2026.

Sustainability Economics News

Fed Blocks Tough Global #Climate-Risk Rules for Wall Street Banks

ECB has been pushing #BaselCommittee to set requirements
US, European officials differ over approach for new standards

https://www.bloomberg.com/news/articles/2024-04-03/fed-blocks-tough-global-climate-risk-rules-for-wall-street-banks

Fed Blocks Tough Global Climate-Risk Rules for Wall Street Banks

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.

Bloomberg
Fifteen years after Lehman, finance must serve society

The financial system must be regulated on terms set by citizens, not the financial lobby, argues Benoît Lalle

EURACTIV
Central bankers are obsessed with “crypto”
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RT @BIS_org
ICYMI: Pablo Hernández de Cos, Governor of the Bank of Spain and Chair of the #BaselCommittee, recently spoke at the FT Global Banking Summit on “Crypto assets and international banking standards” @ft @BancoDeEspana https://bit.ly/3rH8TTC
https://twitter.com/BIS_org/status/1468504391166615554
Banco de España - Sala de prensa - Intervenciones públicas - Intervenciones públicas. Gobernador

Governor. FT Global Banking Summit. “Crypto assets and international banking standards"