Everybody’s talking about the SEC’s climate disclosure rules ... and we mean everybody. As this week’s In Depth article shows, climate has dominated the headlines within the financial services industry broadly, along with the real estate and structured finance industries, and this is reflected in recent comment letters submitted by the Commercial Real Estate Finance Council (“CREFC”), the Bank Policy Institute (“BPI”), the Structured Finance Association (“SFA”) and the American Bankers Association (“ABA”).
Truth is, if industry participants are not talking about climate, then they are likely talking about crypto and that June 2023 LIBOR deadline. We take a closer look at those topics as well.
As always, we welcome your thoughts on this week’s issue of Cabinet News and Views and other timely topics. Just write to us here.