The Federal Reserve has scrapped “reputational risk” from its bank examination criteria, a decision announced on Monday in Washington. Supervisors will no longer use this vague metric to judge ...

The OCC's decision to remove reputational risk from banks supervision plans means that one of examiners' most effective tools has been stripped away, writes Brett Erickson, of Obsidian Risk Advisors.

Supporters say clearer rules are needed to replace informal supervisory pressure, as lawmakers and industry push Congress to ...

The move follows the US Office of the Comptroller of the Currency ceasing examinations for reputational risk. The US Federal Deposit Insurance Corporation, an independent agency of the federal ...

Reputational risk will no longer be a component of examination programs in the Federal Reserve's supervision of banks, the regulator said on Monday. "This change does not alter the Board's expectation ...

Under Operation Chokepoint 2.0, more than 30 technology and crypto companies were denied banking services in the US after the collapse of crypto-friendly banks in 2023. The US Federal Reserve said it ...

WASHINGTON (Reuters) -The Federal Reserve announced on Monday it was directing its supervisors to no longer consider "reputational risk" when examining banks, scrapping a metric that had been a focus ...

Forbes contributors publish independent expert analyses and insights. Jason Alan Snyder is a technologist covering AI and innovation. As AI transforms marketing, the potential for reputational risk ...