Regulatory Alerts2026-08-27 | FIL-53-2026Added
Implementation of the Final Rule on Unsafe or Unsound Practices; Matters Requiring Attention
For examination reports issued after August 31, 2026, the terms Matters Requiring Board Attention and Supervisory Recommendations are replaced by Matters Requiring Attention in conformance with part 305 of the FDIC's rules and regulations. Under part 305, Matters Requiring Attention may be issued for practices contrary to generally accepted standards of prudent operation that materially harm the financial condition of the institution or present a material risk of loss to the Deposit Insurance Fund, or for substantive violations of banking or banking-related laws or regulations. Outstanding Matters Requiring Board Attention and Supervisory Recommendations undergo a lookback review to be redesignated as Matters Requiring Attention or closed out, with any included violations of law redesignated as other violations if the original items do not satisfy the new criteria. The FDIC revises specific chapters of the Risk Management Manual of Examination Policies and Consumer Compliance Examination Manual while rescinding templates such as the Bank of Anytown Examination Templates, and limits enforcement actions against institutions for unsafe or unsound practices to those meeting part 305 standards.
More like this from FDIC
FDIC published 12 documents in the last 30 days. We email you each new one the day it's published.