Federal Reserve blocks Basel Committee’s climate disclosure plan, raising tensions with Europe

The Basel Committee is set to revisit the proposal on November 19, with tensions mounting as some members, including the ECB, advocate for a review mechanism to potentially adopt stricter rules in the future

Nov 20, 2024 - 15:01
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Federal Reserve blocks Basel Committee’s climate disclosure plan, raising tensions with Europe
The Basel Committee is set to revisit the proposal on November 19, with tensions mounting as some members, including the ECB, advocate for a review mechanism to potentially adopt stricter rules in the future

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