The OCC and FDIC plan to ease exam requirements for smaller banks by tailoring supervision based on size and complexity and ensuring examiners focus on material safety and soundness risks. Critics warn lighter oversight could delay detection of emerging issues, but regulators say the goal is smarter supervision, i.e., less busywork and more focus on issues that truly matter.
Has your bank reviewed its exam-response process in light of this supervisory shift? Are you strengthening constructive engagement with regulators? Have you identified any validation, control, or governance practices that could be simplified without compromising safety and soundness?
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