The Office of the Comptroller of the Currency's Committee on
Bank Supervision sets the agency's supervision objectives and
priorities. On October 1, the Committee released the OCC's Bank Supervision Operating Plan (the
"Plan") for fiscal year 2025 (October 1, 2024 –
September 30, 2025).
The Plan's priorities and objectives will be familiar to
management of national banks, as it continues the themes of recent
years. Change-management and third-party risk management continue
as topics of focus in many, if not most, examination categories. As
has been the case for several years, examiners will focus on risk
governance and control functions and use the banks' audit,
credit risk review, and risk management processes, provided the OCC
has validated their reliability, including scope, timeliness, and
competence. A new topic for 2025 will be a focus on bank credit
risk transfer ("CRT") transactions. Examiners are also
instructed to assess the banks' readiness for "impacts
