On February 14, 2022, ISDA and the Securities Industry and Financial Markets Association (SIFMA) submitted a joint response to the US Office of the Comptroller of the Currency’s (OCC) consultation on principles for climate-related financial risk management for large banks. The associations welcome the OCC’s principles-based approach to address risk management practices related to climate risk and support efforts to establish regulatory principles and guidance for new and emerging climate-related financial risks that align with existing regulatory framework.
Documents (1) for Response to OCC on Principles for Climate-related Financial Risk Management
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