In its Semiannual Risk Perspective, the OCC reported increased credit, market, operational and compliance risks during the first half of 2023.
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The OCC, the Federal Reserve Board and the FDIC extended the comment deadline on a proposed rule on long-term debt requirements. The comment period was extended to January 16, 2024.
The OCC, the FDIC and the Federal Reserve Board finalized guidance for senior management of large banks on managing exposures to climate-related financial risks.
The OCC, the Federal Reserve Board and the FDIC adopted a new framework for the implementation of the Community Reinvestment Act.
The Federal Reserve Board, the OCC and the FDIC extended until January 16, 2024 the comment deadline on proposed amendments that would substantially revise capital requirements for large banking organizations.