The @USOCC is building on @POTUS and @SecScottBessent’s work to replace regulatory excess with smarter, stronger, and more effective oversight. This proposed guidance helps banks avoid overly process-driven strategies that treat all third-party relationships as inherently higher risk.
The OCC proposed guidance that enables banking organizations & examiners to focus on material financial risks violations of laws & regulations rather than ineffective & counter-productive check-the-box exercises to effectively manage third-party risk. occ.gov/news-issuances….
Sep 14, 2026 · 3:05 PM UTC
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