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Feb 09 2021 
Fed to include climate risk in bank oversight
The US Federal Reserve is beginning to incorporate the impacts of global warming into its regulatory writ, following in the footsteps of its global peers, according to a paper published Monday by the San Francisco Fed.
In a pair of reports issued late last year, the US central bank signaled its intent to measure, analyze, and…
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Feb 09 2021
House approves GUIDE bill
THE HOUSE of Representatives approved on final reading a proposed law that will provide state-run banks P10 billion to lend to distressed micro, small, and medium enterprises (MSMEs).
In their plenary session on Tuesday, lawmakers approved House Bill 7749 or the proposed Government Financial Institutions Unified Initiatives (GFI) to Distressed Enterprises for Economic Recovery or GUIDE…
