On October 7, 2025, the FDIC board of directors met to discuss several regulatory matters. During his remarks, the Comptroller of the Currency outlined seven key areas of focus in collaboration with the FDIC emphasizing operational readiness, regulatory clarity, and transparency, which include:
- Rebuilding Resolution Execution Capabilities
Strengthen the FDIC’s ability to execute orderly resolutions, distinguish core resolution functions from planning exercises, and cite FDIC transparency as lessons learned from the 2023 bank failures to guide improvements. - Clarifying Deposit Insurance Fund Management
A call for more clear and fair methodologies for calculating insurance premiums and rating determinations that affect premiums to provide clarity and limit market distortions. - Agency Culture Reform
Support continued efforts to restore accountability and address cultural reforms at the FDIC. - Reforming the Deposit Insurance Application Process
Advocate for a streamlined deposit insurance application and de novo processes that are transparent with defined timelines, and aligning OCC and FDIC practices to foster a dynamic banking system. - Supporting State Bank Preemption Rights
Support federal and interest rate preemption rights for state banks under statutes like the Riegle-Neil Act and Section 27 of the Federal Deposit Insurance Act. - Modernizing Bank Funding Frameworks
Pivot away from funding and deposit categories that do not have clear predictive value in relation to managing liquidity risk. Instead, develop more flexible and predictive frameworks for funding and assessments. - Community Bank Support
Tailor regulation and supervision to reduce regulatory burdens and enable growth.
As these priorities evolve, proactive engagement, robust change management, and process improvement will be essential for institutions to adapt and thrive.
How Forvis Mazars Can Help
In the heavily regulated banking industry, leaders face more challenges than ever, from striving to meet shareholder and regulatory expectations to pursuing digital innovation. Forvis Mazars can help your financial institution tackle issues inherent to the industry, including market growth, internal control threats, industry consolidation, and compliance. We have the skills and experience in financial services that you can trust, combining a focus on Unmatched Client Experience® with the resources of a global firm. Serving you is our passion and privilege.
If you have any questions or need assistance, please reach out to a professional at Forvis Mazars