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Action required OCC Aug 29, 2026

OCC/FDIC Joint Final Rule on Unsafe or Unsound Practices

On August 27, 2026, a joint final rule by OCC and FDIC defined 'unsafe or unsound practice' under the Federal Deposit Insurance Act and revised the supervisory framework for Matters Requiring Attention (MRAs).

On August 27, 2026, a joint final rule by OCC and FDIC defined 'unsafe or unsound practice' under the Federal Deposit Insurance Act and revised the supervisory framework for Matters Requiring Attention (MRAs).

What changed

The definitions clarify when MRAs can be issued, focusing on material financial risks.

Compliance perspective

Institutions must adjust internal policies to comply with the revised standards for MRAs.

Key date

Effective date: August 27, 2026.

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