Banking & Finance

Comptroller Gould Discusses Bank Resolution Planning and Failures

Comptroller of the Currency Jonathan V. Gould discussed the efficacy of bank resolution planning, a tool established by the Dodd-Frank Act. He examined whether current resolution plans are usable in actual resolutions and if the resources dedicated to them are appropriate, based on his experience and observations.

OCC Remarks on Fostering a Resilient Financial System

Acting Comptroller of the Currency Rodney E. Hood delivered remarks on fostering a resilient and resurgent financial system. The speech outlined four key strategies: accelerating bank-fintech partnerships, expanding engagement with digital assets, advancing financial inclusion, and modernizing regulation.

Comptroller Gould Discusses De Novo Charters and Digital Assets

Comptroller of the Currency Jonathan V. Gould discussed the OCC's priority to reinvigorate de novo bank charters, noting an increase in applications in 2025, including those for digital asset activities. He emphasized the importance of a robust pipeline of new banks for a dynamic and competitive financial system.

Rodney Hood Discusses Homeownership at Detroit Fair

Acting Comptroller of the Currency Rodney Hood delivered remarks at the Detroit REACh Homebuyers Fair on June 28, 2025. He discussed the Office of the Comptroller of the Currency's (OCC) priorities regarding financial inclusion and advancing homeownership, highlighting the role of national banks and federal savings associations.

Agencies Release 2025 Shared National Credit Program Report

The Federal Reserve Board, FDIC, and OCC have released the 2025 Shared National Credit (SNC) report. The report indicates that credit risk associated with large, syndicated bank loans remains moderate, with 8.6% of total commitments rated as non-pass.

CRA Small and Intermediate Bank Asset Thresholds Updated for 2026

The Federal Reserve Board and FDIC announced updated asset-size thresholds for Community Reinvestment Act (CRA) small and intermediate banks for 2026. These annual adjustments are based on inflation, ensuring the thresholds reflect current economic conditions.

Federal Reserve Requests Comment on Proposal to Codify Removal of Reputation Risk

The Federal Reserve Board is requesting public comment on a proposal to codify the removal of reputation risk from its bank supervision framework. This action follows earlier decisions to exclude reputation risk and aims to ensure supervisory decisions focus on material financial risks.

Federal Reserve Finalizes Stress Test Scenarios, Maintains Capital Requirements

The Federal Reserve Board has finalized its annual stress test scenarios for large banks and voted to maintain current stress test-related capital requirements until 2027. The final scenarios are similar to those proposed in October, and the delay in new capital requirements will allow for public feedback on supervisory models.

FINMA Invites Thierry Lasseron to Right to be Heard

FINMA has invited Thierry Lasseron to exercise his right to be heard regarding enforcement proceedings. Lasseron is required to provide a Swiss domicile for notification within 15 days of publication, or further communications will be made available at FINMA's offices.

Prudential Authority Guidance Note Status Update

The South African Prudential Authority has issued Guidance Note 1 of 2026, updating the status of previously issued guidance notes for deposit-taking institutions. This annual note clarifies which guidance remains in effect for the upcoming year, ensuring awareness among banks, controlling companies, and their auditors.