The Federal Financial Institutions Examination Council has invited public comment on proposed revisions to the CAMELS supervisory rating system, which regulators use to assess the safety and soundness of financial institutions and identify firms requiring heightened supervisory attention or other supervisory action. The proposal would strengthen the link between ratings and an institution’s safety and soundness by focusing assessments on material financial risks and by improving the transparency of ratings. The revisions would retain the basic CAMELS framework but change the definitions and evaluation factors for both the composite rating and the six component ratings covering capital adequacy, asset quality, management, earnings, liquidity, and sensitivity to market risk. The FFIEC described the package as the first comprehensive revision of the framework in 30 years. Comments are due within 90 days of publication in the Federal Register.