Unsafe or Unsound Practices, Matters Requiring Attention
Why this matters
This is a final rule (Document 2026-17823, 91 FR 56004) jointly issued by the OCC and FDIC that codifies a regulatory definition of 'unsafe or unsound practice' under section 8 of the Federal Deposit Insurance Act and revises supervisory frameworks for issuance of Matters Requiring Attention (MRAs). The rule establishes binding obligations for how the agencies will exercise enforcement and supervisory authority, focusing on material financial risks to institutions and the Deposit Insurance Fund. It applies prospectively to all supervised institutions and represents a significant reform of supervisory standards with direct impact on examination practices, compliance burden, and enforcement discretion. The rule is effective November 2, 2026.
AI-generated classification rationale, not a full analysis. Verify with the original OCC source before acting. Full disclaimer.
What the OCC said
Final rule. The Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) are adopting a final rule to define the term "unsafe or unsound practice" for purposes of section 8 of the Federal Deposit Insurance Act and to revise the supervisory framework for the issuance of…
Extract from OCC . Read the full notice at the source for the authoritative text.
Context
Office of the Comptroller of the Currency (OCC) — Charters and supervises US national banks and federal savings associations. We track 49 updates from them.
US financial regulation is overseen by multiple agencies including the SEC, CFTC, Federal Reserve, OCC and FDIC. Browse all United States updates.
This update is classified under Prudential / Capital Requirements, Senior Managers / Governance and Banking & Credit.