Regulatory Alert: OCC Releases June 2025 Enforcement Actions

Summary: On June 5, 2025, the Office of the Comptroller of the Currency (OCC) published enforcement actions taken against three national banks. These actions address a range of unsafe or unsound practices, including weak strategic planning, poor capital and liquidity oversight, and audit deficiencies. Each action was issued under the OCC’s authority to enforce compliance with federal banking regulations and safety and soundness standards.

These updates reinforce the OCC’s expectation that banks maintain strong governance, sound financial planning, and effective internal controls. Institutions—particularly those partnering with fintechs—should view these actions as signals to evaluate the strength of their risk and compliance frameworks.

Takeaways:

• The OCC issued three Formal Agreements to banks for breaking federal safety and soundness rules under 12 U.S.C. § 1818(b) (enforcement authority) and 12 CFR Part 30 (standards for internal controls, risk management, and audit).
• Common issues included weak strategic planning, poor capital and liquidity oversight, missed or incorrect regulatory reports, and lack of audit controls.
• These enforcement actions show that regulators are still focused on strong governance and risk management, and that banks—and their fintech partners—should stay proactive on these fundamentals.

What This Means for Financial Institutions:

• These actions show that the OCC continues to focus on key areas like strategic planning, capital, liquidity, audit, and governance. When banks fall short, it often points to deeper weaknesses in oversight and risk management.
• Banks—and their fintech partners—should use this as a prompt to review internal controls, reporting processes, and third-party oversight. The standards in 12 CFR Part 30 are not optional; they’re the baseline for safe operations.
• Now is a good time to reassess risk frameworks, board engagement, and how your institution monitors both internal and external risks.

For further information or inquiries about this alert, please visit High-risk Education.