News

The OCC has removed “reputational risk” from its handbooks and guidance and the FDIC is moving to do the same.
According to PwC’s 2023 Global Crisis and Resilience Survey, 89% of companies identified resilience as one of their most ...
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 ...
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.
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.
The Federal Deposit Insurance Corp. will stop using reputational risk in its supervision of financial institutions, the agency’s acting chair, Travis Hill, wrote Monday in a letter to Rep.
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 ...