the Office of the Comptroller of the Currency (OCC) has scrapped recovery planning guidelines that apply to banks with at least $100 billion in assets, saying this is part of its efforts to remove unnecessary regulatory burden.
OCC Final rule These guidelines were announced on Tuesday (March 31) and will become effective 30 days after they are published in the Federal Register, the OCC said on Tuesday. press release.
“Recovery planning guidelines that require large banks to engage in prescriptive planning activities do little to improve their ability to manage by stressing and distracting from the real work of running a safe and sound institution,” the Comptroller of the Currency said. Jonathan F. Gold he said in the release. “Repealing these guidelines helps ensure that the banks we oversee can focus their resources on serving their customers and communities.”
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The OCC said in the statement that it expects the institutions it oversees to be well managed and to have appropriate risk management processes.
according to OCC Bulletin 2026-10 Released Tuesday, the guidelines rescinded by the final rule are at 12 CFR 30, Appendix E.
In addition, the same bulletin supersedes the organization’s “Recovery Planning” handbook Controller’s Manual And four OCC bulletins: 2025-35, 2024-31, 2024-16 and 2018-47.
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The OCC announced in October that it proposed eliminating these measures Recovery planning guidelines. The agency said the guidelines, which took effect on January 1, 2025, were not necessary because the OCC expects these institutions to be well managed and to have appropriate risk management processes.
“Risk management is a dynamic process that involves real-time responses to the facts and circumstances of a stress event or periods of stress,” the OCC said at the time in a press release. “Banks must routinely evaluate and adjust their operations to adapt to evolving risk factors and conditions. Relief of covered banks from the obligation to participate in indicative recovery planning activities is consistent with the OCC’s ongoing efforts to identify and remove unnecessary regulatory burden.”
When the OCC announced in October 2024 that it had ended its reviews Recovery planning guidelines Effective January 1, 2025, it said in a press release that it is part of the regulator’s efforts “to ensure that large banks are adequately prepared for the financial impacts of severe stresses and have developed plans to respond to them, particularly in light of the contagion effects and systemic risks they may pose.”
