FOR IMMEDIATE RELEASE
September 14, 2016
Contact: Bryan Hubbard
OCC Releases Bank Supervision Operating Plan for Fiscal Year 2017
WASHINGTON — The Office of the Comptroller of the Currency (OCC) today released its bank supervision operating plan for fiscal year (FY) 2017.
“Our FY 2017 operating plan helps institutions regulated by the OCC to better understand our supervisory priorities,” said Comptroller of the Currency Thomas J. Curry. “Publishing it promotes transparency and a greater understanding of the important work OCC performs.”
The plan provides the foundation for policy initiatives and for supervisory strategies as applied to individual banks. OCC staff members use this plan to guide their supervisory priorities, planning, and resource allocations. The plan outlines the supervisory priorities for the National Risk Committee, Large Bank Supervision, Midsize and Community Bank Supervision, Compliance and Community Affairs, the supervision of technology service providers, and the Office of the Chief National Bank Examiner.
Supervisory strategies for FY 2017 focus on:
The OCC will provide periodic updates about supervisory priorities through the Semiannual Risk Perspective in the spring and fall, and with a mid-cycle operating plan status report in the third quarter of the fiscal year.
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