OCC Ends Climate Risk Guidance for Large Banks
By EsqSocial Corporation 04/04/25
In a recent shift, the Office of the Comptroller of the Currency (OCC) has officially ended its climate risk guidance for large U.S. banks. The 2021 guidance called on major banks to incorporate climate-related risks into their risk management processes, focusing on both physical and transition risks. As we continue navigating the evolving landscape of financial regulation, the broader implications of climate risks will remain a key discussion point for the financial sector....
By: Jones Day