Bank Regulators Finalize Rule Shifting Nonmaterial Risk Oversight to Banks
The OCC and FDIC issued a final rule placing responsibility on banks for nonmaterial risks, according to American Banker.
2 reports on this incident · first at Sep 8, 2026, 6:08 a.m. ET
Earlier reports
Sep 8, 2026, 6:08 a.m. ETFirst report
Bank Regulators Finalize Rule Shifting Nonmaterial Risk Oversight to Banks
The Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. have issued a final rule that places responsibility for nonmaterial risks on banks, American Banker reported.
The rule, an administrative action, was finalized as of the reporting date of September 8, 2026. The agencies' action is a final rule, according to the report.
Details of the rule's requirements were not specified in the report.
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Sources
- Safety and soundness rule puts nonmaterial risk onus on banksamericanbanker.com
Revision history
- Version 18 Sept 2026, 10:14current
First published.
- Version 18 Sept 2026, 10:08current
First published.
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