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OCC Updates Concentrations of Credit Booklet. The OCC has issued version 3.0 of its “Concentrations of Credit” booklet of the Comptroller’s Handbook. The updated booklet includes a more comprehensive discussion of associated risks, clarifies the relationship between correlations and concentrations, and more. Read OCC Bulletin 2026-49 and the booklet.
October 5, 2026
Federal Reserve Reduces Volatility in Stress Test Capital Requirements. The Federal Reserve has issued two final rules to reduce year-over-year volatility in stress test-related capital requirements and enhance the transparency of its annual stress tests for banks with $100 billion or more in assets. The rule regarding the stress capital buffer calculates an institution’s buffer requirement by averaging results from its two most recent tests. The rule regarding transparency requires the Federal Reserve to seek public comments annually on the stress test scenarios, among other changes. The agency also is seeking comments on proposed revisions to the noninterest income model used to project banks’ fee income under stress. View the announcement, stress capital buffer calculation and stress test transparency final rules, and request for comments.
October 5, 2026
Treasury Adopts Regulations for Reviewing State-Level Stablecoin Regulatory Regimes. The Treasury Department has adopted an interim final rule establishing procedures to evaluate whether a state’s proposed regulatory regime for overseeing state-level payment stablecoin issuers is “substantially similar” to the federal regime, as required under the GENIUS Act. The interim final rule is effective September 30, 2026. Read the interim final rule.
October 5, 2026
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