Looking ahead, in September, the Board published an advance notice of proposed rulemaking (ANPR) that would modernize the Community Reinvestment Act (CRA) by strengthening, clarifying, and tailoring CRA regulations to ensure that they reflect the current banking landscape and better meet the core purpose of the CRA, addressing inequities in credit access and ensuring an inclusive financial services industry.
Let me also note that there is the Network for Greening the Financial System (NGFS) as a place for global discussions related to the issue of climate change. The Bank of Japan has joined this network and is looking forward to working with the NGFS member institutions and contributing to the discussions.