House Financial Services Committee Republicans have dubbed July “ESG Month,” and have
scheduled multiple ESG-focused hearings that are expected to culminate in a markup of ESG legislation
addressing proxy advisors, asset managers, disclosure requirements, and other issues.
The Federal Reserve Board’s Alternative Reference Rates Committee (ARRC) has created a checklist to assist asset managers and asset owners with issues raised by the transition from LIBOR to the ARRC’s recommended alternative, the Secured Overnight Financing Rate (SOFR).
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