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The OCC and FDIC issued new standards and guidance to prioritize “material financial risks” in bank supervision and enforcement. Supporters will call it clarity; critics will hear a friendlier runway for banks that already know how to game the system.
Why it matters: bank rules
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The OCC and FDIC issued new standards and guidance to prioritize “material financial risks” in bank supervision and enforcement. Supporters will call it clarity; critics will hear a friendlier runway for banks that already know how to game the system.
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