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ARTICLE · 30 APRIL 2025

Federal Reserve Updates Supervisory Operating Principles

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On April 30, the Board of Governors of the Federal Reserve System released an Updated Statement of Supervisory Operating Principles for Federal Reserve supervisory staff.

United StatesFinance and Banking
A.J. Dhaliwal
A.J. Dhaliwal
Mehul Madia
Mehul Madia
Maxwell Earp-Thomas
Maxwell Earp-Thomas
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On April 30, the Board of Governors of the Federal Reserve System released an Updated Statement of Supervisory Operating Principles for Federal Reserve supervisory staff. The updated statement supplements and supersedes the October 2025 statement and provides additional guidance on how Federal Reserve staff should conduct supervision of Board-supervised banking organizations.

The updated statement directs examiners to focus supervision on material financial risks, significant threats to safety and soundness, and violations of law or regulation. It also instructs staff not to devote excessive attention to processes, procedures, or documentation issues that do not pose material safety-and-soundness concerns. More specifically, the updated statement:

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