FiscalYear2016OperatingPlan-OfficeoftheComptroller.PDFVIP

Fiscal Year 2016 Operating Plan Office of the Comptroller of the Currency Committee on Bank Supervision The Office of the Comptroller of the Currency’s (OCC) Committee on Bank Supervision (CBS) annually develops an operating plan that sets forth the agency’s supervision priorities and objectives. The agency’s fiscal year (FY) for 2016 begins October 1, 2015, and ends September 30, 2016. The FY 2016 CBS operating plan outlines the OCC’s bank supervision priorities by operating unit and aligns with “The OCC’s Strategic Plan, Fiscal Years 2015–2019,” National Risk Committee (NRC) risk priorities, and the OCC’s response to international peer review 1 recommendations. The operating plan guides the development of supervisory strategies for individual national banks and federal savings associations (collectively, banks). CBS managers use this plan to guide their supervisory priorities, planning, and resource allocations for FY 2016. Priority Objectives for CBS Operating Units The FY 2016 operating plan identifies priority objectives across each of the CBS operating units that CBS managers will use in developing individual operating unit plans and risk-focused bank supervisory strategies. While the objectives are similar for Large Bank Supervision and Midsize and Community Bank Supervision, CBS managers will differentiate the size, complexity, and risk profile of the banks when developing supervisory strategies. The OCC will adjust supervisory strategies as appropriate during the fiscal year in response to emerging risks and supervisory priorities. For FY 2016, the development of supervisory strategies focused on the following priority objectives: • Business model and strategy changes • Compliance • Credit risk and loan underwriting • Cybersecurity and resiliency planning • Interest rate risk The OCC will provide periodic upd