OCC News Releases

OCC Issues Updated Model Risk Management Guidance

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Original Source Material

The Office of the Comptroller of the Currency (OCC) today, in coordination with the Board of Governors of the Federal Reserve System (Federal Reserve Board) and the Federal Deposit Insurance Corporation (FDIC), issued updated model risk management guidance for OCC-supervised institutions. These actions build upon the OCC's ongoing efforts to tailor its supervisory framework to reduce unnecessary burden and promote risk-based examination across institutions of all sizes.