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FINANCIAL INSTITUTION LETTER | OCTOBER 16, 2025 |
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Rescission of Principles for Climate-Related Financial Risk Management for Large Financial Institutions
Summary:
The Federal Deposit Insurance Corporation, Board of Governors of the Federal Reserve System, and Office of the Comptroller of the Currency (collectively, “agencies”) are jointly rescinding interagency Principles for Climate-Related Financial Risk Management for Large Financial Institutions (“principles”)
Statement of Applicability:
This Financial Institution Letter (FIL) is intended for the largest financial institutions, those with over $100 billion in total assets.
Distribution:
Financial institutions, those with over $100 billion in total assets.
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