Federal and state financial regulatory agencies have said they will offer financial firms additional leeway to aid disaster recovery in the wake of hurricane Florence, according to a statement issued on September 14.
Hurricane Florence, at its peak a Category 5, hit the Carolina coast on September 14. The storm brought gusts of over 100mph and flash flooding to an area that is not used to such disasters. Large-scale destruction to communities puts pressure upon the local and federal financial
- BoE revamps expenses rules after criticism from MPs
- Draghi warns of downside risks as ECB ends net asset purchases
- Book notes: Macroprudential policy and practice, edited by Paul Mizen, Margarita Rubio and Philip Turner
- Central banks turn to visual communication in 2018
- Five central banks and supervisors join environmental group