Federal Register #2026-06281

OCC Rescinds Recovery Planning Guidelines for Large Insured Banks

This notice announces the rescission of the OCC Guidelines for recovery planning by large insured banks: - Issued by the Office of the Comptroller of the Currency (OCC), part of the U.S. Department of the Treasury - The rescinded Guidelines previously applied to: - Large insured national banks - Insured federal savings associations - Insured federal branches with assets above certain thresholds - The Guidelines required covered banks to develop and maintain formal recovery planning documentation - The rescission aims to reduce regulatory burden while maintaining the safety and soundness of the banking system - No products, services, OEMs, or vendors are involved - This is a regulatory change, not a procurement or contracting action

Description

This final rule published by the Office of the Comptroller of the Currency (OCC) rescinds the Guidelines that established standards for recovery planning by certain large insured national banks, insured federal savings associations, and insured federal branches. The Guidelines, codified at 12 CFR part 30, appendix E, previously required covered banks with assets above certain thresholds to develop and maintain formal recovery planning documentation. The rescission aims to reduce regulatory burden without compromising the safety and soundness of the covered banks or the banking system. The rule becomes effective on May 1, 2026.

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