According to PwC’s 2023 Global Crisis and Resilience Survey, 89% of companies identified resilience as one of their most ...

NY, introduced companion legislation of the Senate’s FIRM Act to remove reputational risk as a component in bank supervision.

A dramatic pivot by the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) in how they assess reputational risk during bank examinations.

This is according to a new Reputation Risk Index, commissioned by public relations firm Global Situation Room, using data from crisis experts and analysis from the Global Risk Advisory Council.

The US Federal Deposit Insurance Corporation, an independent agency of the federal government, is reportedly moving to stop using the “reputational risk” category as a way to supervise banks.

On March 20, the OCC announced that it will no longer treat reputation risk as a standalone category in its supervision of national banks and federal savings associations. The decision marks a ...

THE global financial system is undergoing a subtle but profound transformation in how reputational risk is treated within banking policies. In 2023, the United States — home to some of the world ...

Reps. Andy Barr, R-KY and Ritchie Torres, D-NY, introduced Wednesday a House version of a bill that would phase out reputational risk as a metric in bank supervision. The measure is aimed at ...