FDIC rescinded the Board Statement on Development and Communication of Supervisory Recommendations adopted in 2016
The 2016 Statement is superseded by the recent adoption of a final rule, see #271897
Statement Rescission
Final rule revised the FDIC’s approach for supervisory communications.
Ended use of matters requiring board attention and supervisory recommendations for examination findings, and will instead issue matters requiring attention.
The 2016 Statement describes principles related to the FDIC’s issuance of supervisory recommendations, which has been superseded by the Final Rule.
FDIC continues to emphasize a balanced approach to supervision that comprehensively assesses financial risk to institutions and the Deposit Insurance Fund.
Encourages conformance with banking and banking-related laws and regulations.
Effectiveness
Rescission is effective upon final rule taking effect on Nov. 2, 2026.
