The Fed, FDIC, and OCC reissued 15 longstanding guidance documents removing all references to reputation risk. The agencies said the concept can be “misused by supervisors to encourage or pressure a bank to restrict individuals’ and legal businesses’ access to financial services.”
This follows earlier rulemakings codifying prohibitions against reputation risk in supervisory programs.
FDIC release: https://www.fdic.gov/news/press-releases/2026/agencies-remove-additional-references-reputation-risk