The Office of the Comptroller of the Currency (OCC) released its bank supervision operating plan for the fiscal year 2019, which begins October 1. The plan provides the foundation for policy initiatives and risk-based supervisory strategies for individual national banks, federal savings associations, federal branches, and federal agencies (collectively, banks) and technology service providers. The 2019 plan aligns with The OCC Strategic Plan, Fiscal Years 2019–2023 and the National Risk Committee’s risk priorities as detailed in its most recent Semiannual Risk Perspective report.
The OCC's priority objectives are similar for the Large Bank Supervision and Midsize and Community Bank Supervision departments. The risk areas that the supervisory strategies will focus on are:
The OCC’s supervision departments will also conduct various horizontal risk assessments during the fiscal year and may direct horizontal assessments during the supervisory cycle. The OCC states the supervisory priorities may change in response to emerging risks; the agency will provide periodic updates about supervisory priorities and horizontal risk assessments in the Semiannual Risk Perspective report.