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October 14, 2022 |
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Features
A new report by the Financial Stability Board encouraged regulatory authorities to expand the use of climate scenario analysis and stress tests for financial institutions, although it acknowledged that more data was needed to develop such policies.
Risk and Compliance News
The FDIC is "working diligently" to issue updated guidance to financial institutions on third-party risk management, the agency’s Associate Director Lisa Arquette said recently.
Following Russian President Vladimir Putin’s announcement that he would illegally annex four Ukrainian territories, the Treasury Department’s Office of Foreign Assets Control designated 14 individuals in Russia’s military industrial complex, as well as 278 members of the Russian legislature for supporting the annexation.
Training
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