Regulatory guidance on the use of artificial intelligence (AI) by financial institutions (FIs) in Singapore has evolved significantly in recent years. Two recent guidance documents are particularly important. In November...more
On April 10, 2026, the Federal Deposit Insurance Corp. (FDIC) rescinded its supervisory guidance on multiple representment nonsufficient funds (NSF) fees, marking a notable shift in tone for the agency and further...more
On April 30, the Board of Governors of the Federal Reserve System released an Updated Statement of Supervisory Operating Principles for Federal Reserve supervisory staff. The updated statement supplements and supersedes the...more
On April 8, 2026, the Japanese Financial Services Agency (JFSA) published a proposed amendment to its Comprehensive Guidelines for Supervision of Insurance Companies, adding new provisions specifically targeting reinsurance....more
On April 10, the FDIC rescinded prior supervisory guidance addressing multiple non-sufficient funds (NSF) fees arising from the re-presentment of the same unpaid transaction. The rescinded guidance had previously outlined the...more
The Federal Reserve quietly released an updated Statement of Supervisory Operating Principles last Friday. The principles build on reforms under the Vice Chair Bowman from last year, but largely refine—and in some cases...more
On April 17, the Office of the Comptroller of the Currency (OCC), Board of Governors of the Federal Reserve System (Federal Reserve), and Federal Deposit Insurance Corporation (FDIC) (collectively, the federal agencies)...more
In the aftermath of the financial crisis bank supervisors increased their scrutiny of leveraged lending by banks due to the high-risk profile of such loans. In 2013/2014, the US supervisors took a prescriptive approach, inter...more
On 31 March 2026, the International Association of Insurance Supervisors (IAIS) published its report on the second Targeted Jurisdictional Assessment (2025 TJA), evaluating the implementation of the holistic framework for the...more
The Federal Deposit Insurance Corporation (FDIC) has rescinded its Biden-era supervisory guidance that cautioned banks against charging multiple non-sufficient funds (NSF) fees on a declined transaction....more
The European Banking Authority (EBA) has announced a series of measures, including publishing two consultation papers, to simplify the supervisory reporting framework under the EU Capital Requirements Regulation (CRR). The...more
On April 10, the FDIC rescinded its supervisory guidance on multiple re-presentment NSF fees, effective immediately. The agency determined that the prior guidance, originally issued on June 16, 2023 (covered by InfoBytes...more
The Network for Greening the Financial System (NGFS) has released a new package of materials aimed at supporting central banks and supervisors in assessing and managing nature‑related financial risks....more
On April 7, the FDIC and the OCC jointly issued a final rule codifying the removal of “reputation risk” from their supervisory oversight reviews and restricting examiners from taking certain actions based on perceived...more
The European Supervisory Authorities (ESAs, comprising the European Banking Authority, the European Insurance and Occupational Pensions Authority and the European Securities and Markets Authority) published official...more
The Basel Committee on Banking Supervision (BCBS) has published a document containing a finalised technical amendment (TA) and a response to a frequently asked question (FAQ) to help promote the consistent global...more
The Basel Committee on Banking Supervision (BCBS) has launched a consultation on a consolidated version of its guidelines and sound practices. This version seeks to reorganise existing guidance into a modular structure,...more
On February 25, a group of Democratic senators issued a letter urging the OCC, FDIC, and NCUA to reinstate references to disparate impact liability in their respective organizations’ supervisory guidance. The letter argued...more
On February 23, the Federal Reserve Board announced a Notice of Proposed Rulemaking requesting comments on a proposal to formally remove “reputation risk” from its supervisory framework and prohibit examiners from encouraging...more
Following on the FDIC’s recent issuance of updated guidelines for appeals of material supervisory determination, the OCC is now proposing to replace the existing guidance for handling appeals of material supervisory...more
The European Banking Authority (EBA) has published a follow‑up report to its 2022 peer review on information and communication technology (ICT) risk assessment under the Supervisory Review and Evaluation Process (SREP). The...more
The Federal Reserve is requesting comments on a proposal to remove reputation risk from the supervision of banks it oversees. Comments on the Fed proposal are due April 27, 2026....more
The Proposal aims to center the FRB’s supervisory decisions on material financial risks and increase supervisory clarity and precision....more
In a recent speech, Vice Chair for Supervision Bowman reiterated the Federal Reserve’s supervisory operating principles and described how the Fed’s supervision should work in practice....more
On February 17, the OCC issued a notice of proposed rulemaking to establish a revised regulatory framework governing appeals of material supervisory determinations under the Riegle Community Development and Regulatory...more