OCC Axes Big Bank Stress Recovery Plans to Trim Red Tape
Published Date: 4/1/2026
Rule
Summary
Starting May 1, 2026, the OCC is scrapping the recovery planning rules for certain big banks and savings associations. This means these banks no longer have to follow the old guidelines about making detailed plans to bounce back from financial stress. The change aims to cut down on extra paperwork without affecting safety or costs.
No Economic Impacts Identified for this Document
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