Comptroller Statement on Proposed Revisions to the Uniform Financial Institutions Ratings System — 2026-05-19

WASHINGTON—Comptroller of the Currency Jonathan V. Gould issued the following statement today about the Federal Financial Institutions Examination Council’s (FFIEC) proposed revisions to the Uniform Financial Institutions Rating System, commonly known as the CAMELS rating system. I appreciate the collaborative efforts of the FFIEC and its member agencies in developing the proposed revisions to the CAMELS ratings system. The revisions shift supervision away from process-heavy oversight toward a stronger focus on material financial risk. Modernizing CAMELS to more explicitly reflect material financial risks is a critical step to ensure our supervisory tools remain robust and responsive to the evolving banking landscape. While I support the direction of this proposal, I remain concerned that the revisions do not sufficiently address “double counting” within the Management, or M, component. For the CAMELS framework to function effectively, each component must provide distinct, incremental value. Historically, the Management rating has reflected deficiencies already captured in other components.