United States: What's The Risk?

In This Issue …

The NBA and NHL seasons came to an end earlier this week, but that didn’t stop Acting Comptroller of the Currency Michael Hsu from using sports imagery to describe the work of federal regulators. Commenting on the release of the OCC’s Semiannual Risk Perspective for Spring 2023, Acting Comptroller Hsu said that the banks and the UCC’s examiners would be “on the balls of their feet” with regard to risk management.

Taking today’s sports analogy a step further, a regulatory dream team – the OCC, FRB, FDIC, NCUA and CFPB – proposed Interagency Guidance on Reconsiderations […]

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By Donato