On December 18, 2025, the OCC and the FDIC issued a joint statement to clarify supervisory expectations for OCC-supervised institutions’ and FDIC-supervised institutions’ compliance with insider lending restrictions and related reporting requirements with respect to certain types of related interests.
On December 27, 2019, the OCC, FDIC, and the Board of Governors of the Federal Reserve System issued a statement regarding the status of certain investment funds and their portfolio investments in relation to Regulation O and reporting requirements under FDIC regulations, with annual one-year extensions provided in subsequent years. The agencies replaced this annual extension model with a statement that has no expiration date, which would offer banks more certainty about supervisory expectations. The statement will remain effective unless it is amended, superseded, or rescinded, and the agencies expect it will become unnecessary once a final rule is adopted by the Board to fully address the treatment of credit extensions to complex-controlled portfolio companies that are insiders of the bank.
The FDIC’s press release can be found here.
Read the OCC and FDIC’s statement here.