OCC Rewrites Enforcement Playbook to Focus on Big Bank Risks

The OCC has revised its enforcement policies to prioritize significant risks and violations at large and complex banks, moving away from a check-the-box compliance approach. Alongside the FDIC, it has established a uniform definition of 'unsafe or unsound practice' focusing supervisory attention on material financial risks and substantive legal violations.

This Wire brief sits within Fusion42's coverage of Fintech.