Tag: unsafe_or_unsound_practice
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OCC and FDIC Finalize Rule Clarifying Bank Supervision and Enforcement Standards
The OCC and FDIC have finalized a rule defining 'unsafe or unsound practice' and revising 'Matters Requiring Attention' for banks. This aims to bring clarity to supervision and enforcement, prioritizing material financial risks across the banking sector.
BusinessLaw EnforcementPolitics and GovernmentBankingFederal GovernmentLegalEconomy Office of the Comptroller of the CurrencyFederal Deposit Insurance CorporationBanking RegulationUnsafe or Unsound PracticeMatters Requiring AttentionFinancial RiskEnforcement ActionsOffice of the Comptroller of the Currency (OCC)