The Office of the Comptroller of the Currency (OCC) published a final rule rescinding its recovery planning guidelines for certain large insured national banks, federal savings associations, and federal branches under its supervision, removing the related prescriptive recovery planning expectations. The rescinded guidelines applied to banks with at least USD 100 billion in assets. The OCC indicated it continues to expect supervised institutions to maintain appropriate risk management processes to prepare for and respond to stress events, including through appropriate contingency funding plans. The rule does not affect OCC-supervised banks with less than USD 100 billion in average total consolidated assets and has no impact on community banks. The final rule will become effective 30 days after publication in the Federal Register.