OCCGeneralJune 2, 2026

OCC Bulletin: 'Reputation Risk' Removed from 15 Interagency Guidance Documents

The OCC, FDIC, and Federal Reserve have reissued 15 interagency guidance documents with all references to reputation risk removed, following a regulatory deregulation initiative. For crypto and fintech compliance officers, this shift may reduce the justification banks have used to restrict or terminate accounts for digital asset businesses based on perceived reputational concerns.

What to do

Review your institution's or banking partners' compliance policies to determine whether reputation risk was cited as a basis for any account restrictions, and document this regulatory development in your vendor or banking relationship files.

Who this affects

Bank / Credit UnionCrypto ExchangeMoney Services BusinessCrypto CustodianFintech / Neobank

Does this affect your program?

Pick your institution type for an instant read on whether you're in scope — then see exactly which sections of your own policies this changes.

Source

Read the official publication

This radar entry is educational and does not constitute legal advice. Summaries are AI-assisted and grounded in the linked official source; always verify against the primary source and consult qualified legal counsel for jurisdiction-specific guidance.

Related developments

OCC

OCC Updates Cybersecurity Examination Work Program for Banks

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CFTC

CFTC Updates Whistleblower Award Rules for Greater Transparency

The CFTC is amending its whistleblower program rules to improve efficiency, transparency, and predictability of the claims process, modeled on similar SEC regulations. The amendments also reflect an internal reorganization moving the Whistleblower Office to the Office of General Counsel. Compliance officers at crypto and derivatives firms should be aware that a more streamlined whistleblower process may increase the likelihood of internal misconduct being reported externally to the CFTC.

OCC

OCC Joins Interagency Proposed Third-Party Risk Management Guidance

The OCC is co-issuing the same interagency third-party risk management proposal alongside the Fed, FDIC, and NCUA, signaling a unified supervisory approach across the federal banking agencies. National banks and federal savings associations should treat this as a near-certain indicator of forthcoming binding expectations on vendor oversight. The proposal's emphasis on risk-proportionate controls is particularly relevant for institutions using crypto or fintech service providers.

OCC

OCC/Fed/FDIC Raise Asset Threshold for 18-Month Exam Cycle to $6 Billion

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