U.S. banking regs mulling enhanced operational resiliency frameworks

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The acting head of the Treasury Department’s Office of the Comptroller of the Currency (OCC) said federal banking agencies are considering enhancements to their operational resiliency requirements for member banks.

In a speech delivered Tuesday at an industry event, Acting Comptroller of the Currency Michael Hsu said federal banking agencies will take steps to strengthen the operational resiliency of the country’s critical financial infrastructure.

U.S. agencies referred to by Hsu as considering operational resiliency framework enhancements included the OCC, the Federal Reserve Board, and the Federal Deposit Insurance Corporation.

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