REGULATION · US
OCC releases formal report on large banks' debanking practices
The U.S. Comptroller of the Currency published a report scrutinizing debanking—when major banks terminate customer relationships—by large financial institutions. Signals regulatory focus on access, risk management, and potential discrimination.
WHY IT MATTERS
Debanking is now an explicit supervisory lens; banks must document customer termination rationale and compliance procedures. Expect guidance or rulemaking to clarify thresholds and appeal rights.
Source: OCC · 2026-10-14