Regulatory Alerts2026-06-02
Agencies remove additional references to reputation risk
The Federal Reserve, FDIC, and OCC jointly updated interagency documents to remove references to reputation risk. This action prevents supervisors from misusing the concept to restrict financial services based on constitutionally protected beliefs, speech, conduct, or lawful business activities. The revisions ensure supervisory decisions rely on material financial risks while increasing clarity and precision, with further document reviews ongoing.
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