US banking regulators have altered some aspects of their supervisory stances, eliminating reputational risk as a standalone basis for supervisory criticism, among other moves.
Debanking
Continuing our series of articles anticipating 2026, GRIP writers share their thoughts on regulatory prospects.
The notice of proposed rulemaking that would formally end reputational risk assessments comes months after the agencies removed the practice from guidance manuals and internal checklists.
The OCC said it already requested information from its nine largest regulated institutions to evaluate their debanking history.
The order, mandates a crackdown on “debanking” and ends the use of reputational risk in regulatory oversight.
Action seems imminent, but doubts remain about potential consequences.
Key provisions of the new rules and implications for financial services institutions.
Other news includes the SEC ceasing its defenses of its climate disclosure rule, Fidelity launching its own stablecoin, and UBS limiting its size to skirt capital requirements.