Input due June 26 on NCUA info request on climate-related financial risk

The National Credit Union Administration’s request for information (RFI) on climate-related financial risks to the credit union system was published in the Federal Register Tuesday with a comment deadline of June 26.

The RFI, released by the NCUA Board last week, seeks “public input on current and future climate and natural disaster risks to federally insured credit unions (FICUs), related entities, their members, and the National Credit Union Share Insurance Fund (SIF),” according to the notice.

The notice says the agency also invites input from “any interested parties” on “the development of potential future guidance, regulation, reporting requirements, and/or supervisory approaches for FICUs’ management of climate-related financial risks.”

Reg lookup: Climate-Related Financial Risk