The Office of the Comptroller of the Currency (OCC), one of the key US bank regulators, has warned that underwriting standards are slipping as competition intensifies. In its semi-annual report, the OCC singled out syndicated leveraged loans and indirect auto lending as two areas of concern. The regulator flagged up signs of increased credit risk, including “increasing collateral advance rates, waiving or loosening of guarantees, and more liberal repayment terms such as extended periods of interest-only payments.”

 

Global Risk Regulator is rebranding as a digital-only product. To mark this digital relaunch and to emphasise the appeal of our content for professionals across the banking sector and its regulatory environment, Global Risk Regulator will be rebranded as FinReg Specialist. 

FinReg Specialist is a brand new newsletter containing must-know insights, views and analysis of the latest developments in global financial regulation, produced by the same team behind Global Risk Regulator.

In these updates, we will bring you expert coverage and comment on the most pressing areas of FinReg including crypto, ESG, prudential and markets regulation - bringing you timely intelligence that will help you to do your job better.

 
   
Sign up to receive the FinReg Specialist newsletter below and stay informed as we prepare to launch a brand new website. 
 

Contact us at finregspecialist@ft.com