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OCC ends reputational risk examinations

Office of the Comptroller of Currency sign and logo
Photo: Getty Images

Alexander Barzacanos

1 min read
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The move aligns with recent pushes to mitigate practices that critics say facilitate politically motivated debanking.

The Office of the Comptroller of the Currency (OCC) announced that it will no longer consider reputational risk as one of the factors it scrutinizes during examinations.

Previously, the OCC assessed banks’ reputational risks as material hazards that could hamper efforts to “establish new relationships or services … continue servicing

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