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Federal Deposit Insurance Corporation Rescinds Board Statement on Supervisory Recommendations

On September 17, 2026, the Federal Deposit Insurance Corporation (FDIC) Board of Directors rescinded the Board Statement on Development and Communication of Supervisory Recommendations, which the FDIC had adopted in 2016. The 2016 Statement outlined principles governing the FDIC's issuance of supervisory recommendations to examined institutions. The rescission reflects the FDIC's adoption of a final rule adding Part 305 to the FDIC's rules of practice and procedure, which revises the agency's supervisory communication framework. Under the new final rule, the FDIC has eliminated its prior approach of issuing matters requiring board attention and supervisory recommendations as examination findings. In their place, the FDIC will now issue matters requiring attention. This represents a substantive shift in how the FDIC communicates examination results and supervisory expectations to financial institutions. The change applies to all FDIC-supervised financial institutions. The FDIC emphasised that it continues to maintain a balanced supervisory approach that comprehensively assesses financial risk to institutions and the Deposit Insurance Fund, alongside conformance with applicable banking and banking-related laws and regulations. The final rule also addresses unsafe or unsound practices in banking operations. The rescission of the 2016 Statement eliminates potential confusion between the superseded supervisory recommendations framework and the new matters requiring attention approach, ensuring clarity in FDIC supervisory communications going forward. The FDIC issued the final rule under Financial Institution Letter (FIL) 53-2026, with implementation guidance provided in FIL-61-2026. The Division of Depositor and Consumer Protection, Division of Risk Management Supervision, and Legal Division oversee related matters.

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Federal Deposit Insurance Corporation Rescinds Board Statement on Supervisory Recommendations

On September 17, 2026, the Federal Deposit Insurance Corporation (FDIC) Board of Directors rescinded the Board Statement on Development and Communication of Supervisory Recommendations, which had been adopted in 2016. The rescission reflects the FDIC's adoption of a final rule adding a new part 305 to the FDIC's rules, which revises the agency's approach to supervisory communications and supersedes the 2016 Statement. Under the final rule, the FDIC has eliminated the use of matters requiring board attention and supervisory recommendations as examination findings. In their place, the FDIC will now issue matters requiring attention. This represents a substantive change to how the FDIC communicates supervisory concerns to financial institutions. The final rule implements standards previously established through the FDIC's enforcement and supervisory framework, which prioritises material financial risks over administrative or process-related concerns. The FDIC continues to emphasise a balanced supervisory approach that comprehensively assesses financial risk to institutions and the Deposit Insurance Fund, alongside conformance with banking and banking-related laws and regulations. The rescission applies to all FDIC-supervised financial institutions. The FDIC's Division of Depositor and Consumer Protection, Division of Risk Management Supervision, and Legal Division are responsible for implementation. Related guidance on the implementation of the final rule on unsafe and unsound practices and matters requiring attention is available through FIL-53-2026. The Federal Register notice containing the final rule provides additional detail on the regulatory changes. REFERENCES: - Federal Deposit Insurance Corporation, "Rescission of the Board Statement on the Development and Communication of Supervisory Recommendations," September 17, 2026, https://www.fdic.gov/news/financial-institution-letters/2026/fil26061.html

4 tool calls

fetch https://www.fdic.gov/news/financial-institution-letters/2026/rescission-board-statement-development-and-communication http · 2319 chars · 40 links
search "FDIC supervisory guidance financial institution letters examination" → nids 92137, 93414, 93315, 92985, 92944
fetch https://www.fdic.gov/news/financial-institution-letters/2026/fil26053 refused (not a fetched link)
search "FDIC final rule matters requiring attention unsafe unsound practices" → nids 94868, 94867, 93891, 91769, 91766

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US Federal Deposit Insurance Corporation Rescinds 2016 Board Statement on Supervisory Recommendations

On September 17, 2026, the Federal Deposit Insurance Corporation (FDIC) Board of Directors repealed its 2016 Board Statement on Development and Communication of Supervisory Recommendations . The 2016 Statement set out principles governing how the FDIC issued supervisory recommendations and has been replaced by a final rule creating a new Part 305 in the FDIC's regulations that, among other things, revises the FDIC's approach for supervisory communications. Under the final rule, the FDIC ended the use of matters requiring board attention and supervisory recommendations for examination findings, and will instead issue matters requiring attention. The 2016 Statement describes principles related to the FDIC’s issuance of “supervisory recommendations,” which has been superseded by the final rule. According to the news release, the FDIC continues to emphasize a balanced approach to supervision that comprehensively assesses financial risk to institutions and the Deposit Insurance Fund and conformance with banking and banking-related laws and regulations.