September 25, 2015
OCC Releases Fiscal Year 2016 Bank Supervision Operating Plan
WASHINGTON — The Office of the Comptroller of the Currency (OCC) today released its bank supervision operating plan for fiscal year (FY) 2016.
“Publishing the FY 2016 bank supervision operating plan provides greater transparency around our supervisory priorities, and helps bankers better understand our focus for the next year,” said Comptroller of the Currency Thomas J. Curry.
The plan provides the foundation for the development of individual bank supervisory strategies and policy initiatives. OCC staff members use this plan to guide their supervisory priorities, planning, and resource allocations. The plan highlights supervisory priorities for Large Bank Supervision, Midsize and Community Bank Supervision, OCC’s National Risk Committee, and the Office of the Chief National Bank Examiner.
Supervisory strategies for fiscal year 2016 will focus on:
- Business model and strategy changes,
- Credit risk and loan underwriting,
- Cybersecurity and resiliency planning, and
- Interest rate risk.