All in Regulatory Update

On September 30, 2026, the Treasury, on behalf of the Stablecoin Certification Review Committee, published an interim final rule that establishes procedural regulations and forms to implement its responsibilities under the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act or the Act). The regulations set out a process to facilitate the Committee's approval or denial of certifications submitted by State payment stablecoin regulators of the GENIUS Act, and prescribe the form of such certifications.

On September 24, 2026, the FDIC updated one section of its Consumer Compliance Examination Manual. The Consumer Compliance Examination Manual is a primary resource and reference tool for FDIC compliance examination staff to use in support of conducting Consumer Compliance and Community Reinvestment Act examinations and other supervisory activities. 

On September 21, 2026, the OCC announced that it had recently updated the structure and references of the OCC Cybersecurity Supervision Work Program (CSW) used by examiners. The CSW provides high-level examination objectives and procedures that are aligned with existing supervisory guidance and the National Institute of Standards and Technology (NIST) Cybersecurity Framework (CSF). 

On September 17, 2026, the FDIC Board of Directors approved a notice of proposed rulemaking that would amend the agency’s regulations to promote parity between state banks and national banks. The proposed rule recognizes parity between out-of-State State banks and national banks concerning the application of host State laws when State banks provide services outside of their chartering State. 

On August 26, 2026, the Federal Reserve’s Office of Inspector General published a report on the impacts of certain CFPB workforce and contract actions on the Bureau's operations, such as employee dismissals and stop-work orders, had on agency operations. The OIG’s review focused on the high-level effects of these actions, not the agency’s compliance with laws or regulations, which is the subject of ongoing litigation.