TITLE: Office of the Comptroller of the Currency Rescinds Recovery Planning Guidelines for Large Banks BODY: On March 31, 2026, the Office of the Comptroller of the Currency (OCC) rescinded its guidelines establishing standards for recovery planning by certain large insured national banks, federal savings associations, and federal branches. The rescission removes the recovery planning guidelines previously codified at 12 CFR 30, appendix E. The OCC's action eliminates mandatory recovery planning requirements that applied to larger financial institutions supervised by the OCC. Recovery planning guidelines, which established standards for how large banks should prepare to recover from severe financial stress or operational disruptions, are no longer in effect. The rescission also removes associated guidance materials, including the "Recovery Planning" booklet from the Comptroller's Handbook and several prior OCC bulletins related to recovery planning standards and notices of proposed rulemaking issued between 2018 and 2025. The final rule will become effective 30 days after publication in the Federal Register. The rescission does not affect OCC-supervised banks with less than $100 billion in average total consolidated assets, meaning community banks remain unaffected by this change. The OCC has indicated that institutions previously subject to recovery planning requirements should contact Sean Young, Counsel at the Chief Counsel's Office, for further information regarding the rescission and any transitional matters at (202) 649-5490. REFERENCES: OCC Bulletin 2026-10 (March 31, 2026): https://www.occ.gov/news-issuances/bulletins/2026/bulletin-2026-10.html

OCC Guidelines Establishing Standards for Recovery Planning by Certain Large Insured National Banks, Insured Federal Savings Associations, and Insured Federal Branches: Final Guidelines | OCC

Pipeline Progress

🔄 Pipeline Journey