The OCC released its bank supervision operating plan for fiscal 2024, which the agency’s staff uses to guide supervisory priorities, planning, and resource allocations.
Impact: The plan outlines the agency’s supervision priorities and objectives for the year and is designed to facilitate the implementation of supervisory strategies for supervised institutions.
Details: Among its provisions, the plan advises examiners to focus on asset and liability management, new or innovative products and services, overdraft programs and re-presentment fees, and due diligence on prospective third-party relationships.