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Environmental Policies › Banking Sector › Office of the Comptroller of the Currency

Orrick, Herrington & Sutcliffe LLP

OCC withdraws climate risk guidelines for large banks

Orrick, Herrington & Sutcliffe LLP on

On March 31, the OCC announced that it had withdrawn from participating in the interagency principles for managing climate-related financial risks for large financial institutions....more

Orrick, Herrington & Sutcliffe LLP

OCC withdraws from international climate organization

Orrick, Herrington & Sutcliffe LLP on

On February 11, Acting Comptroller of the Currency Rodney E. Hood announced the OCC’s withdrawal from the Network of Central Banks and Supervisors for Greening the Financial System. Hood emphasized that the OCC’s “primary...more

Goodwin

FDIC Finalizes Brokered Deposits and ILC Rules Ahead of the Holidays

Goodwin on

In this Issue. The Federal Deposit Insurance Corporation (FDIC) was busy this week, finalizing rules that modernize brokered deposits regulations, establish new standards for parent companies of industrial loan companies and...more

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