Federal Register #OCC-2026-0174

Final Rule on Unsafe or Unsound Practices and Matters Requiring Attention Issued by OCC and FDIC

This opportunity is a final rule issued by the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC), both under the Treasury Department, focused on regulatory clarification for banking supervision. - Government Buyer: - Office of the Comptroller of the Currency (OCC) - Federal Deposit Insurance Corporation (FDIC) - U.S. Department of the Treasury - No OEMs or vendors are involved; this is a regulatory action, not a procurement. - No products or services are requested; no part numbers or quantities provided. - Key Details: - Defines "unsafe or unsound practice" for section 8 of the Federal Deposit Insurance Act - Revises the framework for Matters Requiring Attention (MRAs) and supervisory communications - Targets material financial risks to banking institutions - Promotes clarity, consistency, and transparency in bank supervision - Supports regulatory modernization for financial institutions - No procurement or purchasing activity is associated with this rule.

Description

The Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) have adopted a final rule to define the term "unsafe or unsound practice" for purposes of section 8 of the Federal Deposit Insurance Act. The rule revises the supervisory framework for issuing matters requiring attention and other supervisory communications. It aims to focus supervisory and enforcement resources on the most critical financial risks to institutions and the financial system. The final rule becomes effective on November 2, 2026.

View original listing