Regulators Embrace Streamlined Supervision

Federal banking regulators have recently engaged in rulemaking activities that favor objective measurable metrics and streamlined processes. An example is the Federal Deposit Insurance Corp.’s proposed amendments to its confidential information disclosure requirements. Another is the final rule issued by the FDIC and the Office of the Comptroller of the Currency to eliminate reputation risk from bank supervision programs. 

Read the full article by Kilpatrick Partner Ross Speier here.