Office of the Comptroller of the Currency outlines a supervisory reset focused on material financial risk, AI use and faster remediation at large banks

Office of the Comptroller of the Currency Comptroller Jonathan V. Gould used prepared remarks to outline the agency’s current direction for supervision and innovation, centered on a return to what he described as a more transparent, consistent and risk-based approach focused on material financial risk. He said the OCC has been clarifying expectations, improving consistency across examination teams and grounding supervisory decisions in objective financial risks, while also positioning the federal banking system to support financial innovation under clear rules and within safety and soundness constraints. Gould also signaled a reset in supervisory expectations. He said the OCC plans to use technology and artificial intelligence to reach supervisory conclusions faster, allocate examiner resources based on risk and conduct more direct validation of larger banks’ balance sheets and financial risks. In parallel, banks, especially the largest institutions, should expect greater direct and sustained attention from decision-makers and shorter remediation timeframes for issues identified by the OCC. He also said the agency expects a robust chartering pipeline as banks respond to changing customer and market needs and adopt new technologies. The remarks also reviewed internal agency priorities, including recruiting talent and developing leaders, as part of preparing the OCC for a more dynamic financial system.