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Environmental Policies Office of the Comptroller of the Currency Regulatory Requirements

Jones Day

OCC Ends Climate Risk Guidance for Large Banks

Jones Day on

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...more

Orrick, Herrington & Sutcliffe LLP

OCC withdraws from international climate organization

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

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