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ARTICLE · 08 OCTOBER 2015

Financial Regulatory Developments Focus - September 30, 2015

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On September 25, 2015, the US Office of the Comptroller of the Currency released its bank supervision operating plan for fiscal year 2016.

United StatesFinance and Banking
A&O Shearman
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Bank Prudential Regulation & Regulatory Capital

US Office of the Comptroller of the Currency Releases Fiscal Year 2016 Bank Supervision Operating Plan

On September 25, 2015, the US Office of the Comptroller of the Currency released its bank supervision operating plan for fiscal year 2016. Generally, the operating plan identifies the OCC's bank supervision priorities and objectives for the year and guides the development of supervisory strategies for national banks and federal savings associations. According to the plan, supervisory strategies for fiscal year 2016 will focus on: (i) business model and strategy changes; (ii) compliance; (iii) credit risk and loan underwriting; (iv) cybersecurity and resiliency planning; and (v) interest rate risk.

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