OCC Ceases Examinations for Reputation Risk — 2025-03-20
WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced that it will no longer examine its regulated institutions for reputation…
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WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced that it will no longer examine its regulated institutions for reputation risk and is removing references to reputation risk from its Comptroller’s Handbook booklets and guidance issuances. Today’s actions support the OCC’s mission and its supervisory objectives to ensure that banks have appropriate and strong risk management processes for their business activities, treat customers fairly, and comply with applicable laws and regulations. “The OCC’s examination process has always been rooted in ensuring appropriate risk management processes for bank activities, not casting judgment on how a particular activity may fare with public opinion,” said Acting Comptroller of the Currency Rodney E. Hood. “The OCC has never used reputation risk as a catch-all justification for supervisory action.
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