The OCC and FDIC defined 'unsafe or unsound practice' and revised the framework for issuing Matters Requiring Attention (MRAs). The rule emphasizes that these practices jeopardize financial condition and carry risks to the Deposit Insurance Fund.
What changed
The definition of unsafe or unsound practices has been explicitly stated, limiting MRAs to significant violations.
Compliance perspective
Banks must align their practices with the new definitions to avoid enforcement actions.
Key date
Effective date: August 27, 2026.
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