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The OCC has removed “reputational risk” from its handbooks and guidance and the FDIC is moving to do the same. The OCC’s decision supports “the OCC’s mission and its supervisory ...
Reps. Andy Barr, R-KY and Ritchie Torres, D-NY, introduced Wednesday a House version of a bill that would phase out reputational risk as a metric in bank supervision. The measure is aimed at ...
A dramatic pivot by the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) in how they assess reputational risk during bank examinations.
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