Guidance for the largest US financial institutions is intended to promote climate risk management consistent with general safety and soundness practices. On October 30, 2023, the three US federal bank ...
On March 31, 2025, the Office of the Comptroller of the Currency withdrew its participation in the interagency principles for climate-related financial risk management for large financial institutions ...
The FDIC’s proposed climate-related risk management principles for banks are necessary to ensure the safety and soundness of the financial system. An aerial view of a Linden, New Jersey, oil refinery ...