Response to OCC on Principles for Climate-related Financial Risk Management

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.

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Documents (1) for Response to OCC on Principles for Climate-related Financial Risk Management

ISDA Paper on FRTB Rules in Brazil

On March 24, ISDA submitted a paper to Banco Central do Brazil’s (BCB) on its implementation of the revised market risk framework under the Fundamental Review of the Trading Book (FRTB), which represents an important step toward strengthening prudential standards...

IQ Interview with Mark Uyeda

Mandatory clearing of US Treasury securities is due to begin at the end of this year under rules finalized by the Securities and Exchange Commission (SEC) in 2023. SEC commissioner Mark Uyeda talks to IQ about the benefits of clearing...