US regulator probes banks’ climate risk planning

Reuters was first to report that the U.S. Treasury Department’s Office of the Comptroller of the Currency (OCC) carried out its first climate risk assessment of more than two dozen banks in recent months, laying the groundwork for heightened scrutiny of Wall Street’s accounting for such threats, people familiar with the matter said. 

The post US regulator probes banks’ climate risk planning appeared first on Reuters News Agency.

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