On October 7, 2025, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency issued a joint notice of proposed rulemaking that represents the most significant reform to bank supervision standards in decades. For the first time, the agencies are proposing to codify a regulatory definition of "unsafe or unsound practice."

On June 23, 2025, the Federal Reserve revised its long-standing guidance on rating risk management processes at state member banks and bank holding companies (SR Letter 95-51). While the core framework remains intact, the revision includes a notable change that removes references to reputational risk from the evaluation criteria.

On August 22, 2024, the OCC, Federal Reserve Board, FDIC, NCUA, CFPB, FHFA, CFTC, SEC, and Treasury issued a joint notice of proposed rulemaking to implement the Financial Data Transparency Act of 2022 ("FDTA"). 

On June 25, 2023, Governor Michelle W. Bowman of the US Federal Reserve Board (FRB) gave a speech at the Salzburg Global Seminar on Global Turbulence and Financial Resilience reflecting her views on the way ahead for regulatory reform resulting from the series of bank failures across the United States in the spring of 2023, including Silicon Valley Bank (SVB), Signature Bank (Signature), and First Republic Bank.

On May 25, 2023, the Office of the Comptroller of the Currency (OCC) announced revisions made to its Policies and Procedures Manual 5310-3 (PPM). The updated PPM is intended to address concerns for banks that exhibit, or fail to correct, “persistent weakness.” The PPM now includes “Appendix C: Actions Against Banks with Persistent Weaknesses” to clarify how the OCC determines if a bank has persistent weaknesses and what actions the OCC may take to address them.

On June 6, 2023, the Board of Governors of the Federal Reserve System (Board), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of Currency (OCC) (collectively, the “Agencies”) issued a final joint guidance to help all banking organizations manage risks associated with third-party relationships, including financial technology companies (fintech). The joint guidance is intended to provide consistency in the Agencies’ supervisory approaches, and it will replace each of the separate Agencies’ current guidance on the topic.