OCC Identifies Priorities In FY 2017 Bank Supervision Operating Plan

The Office of the Comptroller of the Currency ("OCC") outlined an operating plan for bank supervision in fiscal year 2017. The plan serves as a foundation for policy initiatives and guides the development of supervisory strategies for banks.

The OCC stated that the plan establishes priorities for the National Risk Committee, Large Bank Supervision, Midsize and Community Bank Supervision, Compliance and Community Affairs, the supervision of technology service providers, and the Office of the Chief National Bank Examiner. Supervisory strategies for fiscal year 2017 will concentrate on the following areas:

• commercial and retail loan underwriting;
• business model sustainability and viability;