A supervisory culture focused on check-the-box compliance can distract examiners and bank executives from material financial risks that can endanger the viability of a bank if unaddressed. @USOCC's new framework is intended to promote safety and soundness by returning to
The OCC is returning to risk-based supervision. Read the OCC’s new supervisory framework that provides clearer guardrails to ensure that examiners and institutions prioritize material financial risks and violations of law. occ.gov/news-issuances…
