Confidential supervisory information, or CSI, generally refers to nonpublic information created or obtained through the bank supervision process. It can include examination reports, supervisory correspondence, supervisory ratings such as CAMELS ratings, Matters Requiring Attention and information about enforcement activities. The federal banking agencies consider CSI to be their property and take the view that sharing …

Washington, D.C. – BPI issued the following statement regarding an OCC report that was released today on access to banking services. “The banking industry supports fair access to banking services and has been working to ensure that government regulations and policies enable banks to serve law-abiding customers. We support efforts to establish clear and consistent standards …

Fed’s Bowman Announces Supervision Revamp, Tailoring Update In remarks this week, Federal Reserve Vice Chair for Supervision Michelle Bowman unveiled a restructuring of the Fed’s supervision function and previewed updates to the regulatory tailoring framework. “In recent years, our examinations had drifted to focus on process over substance, prioritizing checklists of requirements instead of applying …

The GENIUS Act of 2025 provides a legal framework for payment stablecoins.[1] Among its provisions, the Act requires payment stablecoins to be backed by short-term safe assets and prohibits issuers from paying interest or yield to stablecoin holders in connection with the holding, use or retention of stablecoins.[2] However, the legislation does not restrict stablecoin …