United States: OCC Asks Bank Boards To Better Manage And Report Climate Risk - Cadwalader, Wickersham & Taft LLP

United States: OCC Asks Bank Boards To Better Manage And Report Climate Risk - Cadwalader, Wickersham & Taft LLP

Mondaq

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Acting Comptroller of the Currency Michael J. Hsu urged large bank boards to begin assessing how they are managing and reporting climate risks, given the potential impact that physical and transitional risks can have on a bank's portfolios.

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