The OCC and FDIC published a final rule defining 'unsafe or unsound practice' under the Federal Deposit Insurance Act, revising the supervisory framework for matters requiring attention.
What changed
The rule standardizes definitions and clarifies what constitutes unsafe practices in the banking sector.
Compliance perspective
Financial institutions must reevaluate compliance structures to align with the updated definitions of supervisory practices.
Key date
Effective date: September 1, 2026.
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