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ARTICLE · 20 APRIL 2016

Financial Regulatory Developments Focus - April 14, 2016

A&O Shearman
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On April 12, 2016, the US Office of the Comptroller of the Currency released its Risk Appetite Statement, which documents the OCC's overall conservative risk appetite in carrying out its supervisory mission.

United StatesFinance and Banking
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In this week's newsletter, we provide a snapshot of the principal US, European and global financial regulatory developments of interest to banks, investment firms, broker-dealers, market infrastructure providers, asset managers and corporates.

Bank Prudential Regulation & Regulatory Capital

US Office of the Comptroller of the Currency Releases Risk Appetite Statement

On April 12, 2016, the US Office of the Comptroller of the Currency released its Risk Appetite Statement, which documents the OCC's overall conservative risk appetite in carrying out its supervisory mission. The Risk Appetite Statement provides that the OCC will accept more risk in some areas in order to adapt to the changing needs of supervised national banks and federal savings associations. OCC management and employees will use the statement to evaluate their decisions in overseeing national banks and federal savings associations as well as the execution of agency management functions, such as

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