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FDIC Highlights Policy Priorities Impacting FinTechs and Large Banks

Summary: Situation Overview: FDIC is focused on de novo bank formation, digital assets and blockchain activities, resolution planning, and asset thresholds for “tailoring” categories. What: The FDIC is reevaluating guidance in these areas. Who: FinTechs and Large Banks subject to FDIC supervision. In Depth In April 2025, Federal Deposit Insurance Corporation (FDIC) Acting Chairman Travis […]

Federal Reserve Board Considering Significant Bank Stress Test Changes

Summary: Situation Overview: The Federal Reserve Board is considering significant changes to bank stress tests What: The Federal Reserve Board will seek public comment on significant changes to improve the transparency of its bank stress tests and to reduce the volatility of capital buffer requirements Who: Banks subject to Federal Reserve Supervisory Stress Tests. In […]

OCC Expands Recovery Planning Requirements

Summary: Situation Overview: The Office of the Comptroller of the Currency (OCC) finalized revisions to Recovery Planning Guidelines, which substantively change the scope and expectations for recovery plans. What: The OCC is increasingly focusing on testing banks’ recovery plans to assess if their plans are credible. Key Affected Parties: All large banks. In Depth The […]

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FDIC and OCC Focus on Resolution and Recovery Capabilities Testing

Summary: The Federal Deposit Insurance Corporation (FDIC) has issued a final rule which substantively changes the scope and expectations for Insured Depository Institution (IDI) resolution plans (FDIC Final Resolution Rule). The Office of the Comptroller of the Currency (OCC) has published a notice of proposed rulemaking which includes substantive changes to the scope and expectations […]

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Stress Test Results Keep Risk Management Capabilities in Focus

Summary Situation Overview: The Federal Reserve Board (FRB) uses the stress tests as a key supervisory tool to explore risks across large banks. This year’s results quantified the impact to banks under multiple new scenarios, providing capital planning and risk professionals with an expanded range of outcomes for analysis relative to previous years. What: Firms […]

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FHFA RFI Makes Housing and Community Development Mission Achievement a Priority for FHLBanks

On May 16, 2024, the Federal Housing Finance Agency (FHFA) issued a Request for Input (RFI) on the Federal Home Loan Banks’ (FHLBanks’) core mission activities and mission achievement. The RFI builds on the November 2023 FHLBank System at 100: Focusing on the Future report (FHLBank at 100 Report), which indicated that clarifying the FHLBanks’ […]