On November 18, BPI submitted comment letters to the Federal Reserve, FDIC and OCC, urging them to align their supervision and examination processes with recent final rules tailoring prudential standards for large financial institutions. BPI asks that the agencies revise their frameworks for supervision, horizontal reviews, and supervisory expectations and guidance to align with the interagency tailoring rules, as well as confirm through notice and comment that the standard and scope of their supervisory review for purposes of evaluating a bank’s CAMELS rating aligns with the rule.
BPI Submits Letters to Banking Agencies on Supervision Tailoring
