- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Aaron Nicodemus2023-08-28T17:54:00
A commissioner with the Commodity Futures Trading Commission (CFTC) recommended three action items to help the agency and regulated entities “measure, understand, and address climate-related financial risk.”
In a speech delivered Friday during a sustainable finance conference at Yale University, CFTC Commissioner Christy Goldsmith Romero said the agency has a responsibility to understand the climate risks posed to the commodities market. Doing so helps the market remain resilient, she said.
“Climate change poses an evolving, systemic risk to U.S. financial stability and markets that financial regulators have a responsibility to monitor,” she said. “… We need to evolve our understanding of climate risk. We need to ensure that there is appropriate climate risk management so there is not a threat to financial stability.”
2023-12-28T16:28:00Z By Aaron Nicodemus
The New York State Department of Financial Services issued guidance to regulated banking and lending institutions on managing material financial and operational risks related to climate change.
2023-09-08T14:14:00Z By Aaron Nicodemus
John Gagel, chief sustainability officer for Lexmark International, shares with Compliance Week why the private company tracks its greenhouse gas emissions and plans to comply with the climate-related disclosure rule proposed by the Securities and Exchange Commission.
2023-06-30T16:15:00Z By Jeff Dale
The Enforcement Division of the Commodity Futures Trading Commission announced it established two new task forces to combat cyberattacks and misuse of technology and environmental fraud.
2025-06-26T20:22:00Z By Oscar Gonzalez
In another sign of President Donald Trump’s focus on cryptocurrency, the head of the U.S. Federal Housing Finance Agency (FHFA) ordered Fannie Mae and Freddie Mac to create proposals to consider crypto assets for a single-family home mortgage.
2025-06-24T17:21:00Z By Ruth Prickett
Four years after Brexit, the U.K. and EU announced a “reset” that will ease barriers to importing and exporting food, drink, and agricultural produce. It may also harmonize rules around carbon emissions trading systems, simplifying compliance for multinational organizations that are large emitters, and enable more young people to gain ...
2025-06-20T14:20:00Z By Oscar Gonzalez
The U.S. Senate confirmed Olivia Trusty as commissioner for the Federal Communications Commission on Tuesday, marking a shift in agency staffing that gave commissioners nominated by President Donald Trump a majority of decision-making power. The move followed resignations of two commissioners earlier this month, each of whom had been nominated ...
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