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Final Climate Risk Guidance Ensures Supervisory Focus from Banking Agencies in 2024 | Jones Day - Vimarsana News

Final Climate Risk Guidance Ensures Supervisory Focus from Banking Agencies in 2024 | Jones Day

The Situation: In October 2023, the Office of the Comptroller of the Currency ("OCC"), Federal Reserve System, and Federal Deposit Insurance Corporation ("FDIC," and the three agencies...

Final Climate Risk Guidance Ensures Supervisory Focus From Banking Agencies In 2024 - Financial Services - Vimarsana News

Final Climate Risk Guidance Ensures Supervisory Focus From Banking Agencies In 2024 - Financial Services

In October 2023, the OCC, Federal Reserve, and FDIC finalized interagency guidance on climate-related financial risk management for large institutions.

Source: mondaq.com