White Paper · Issue 1 · Supervisory text through 2026Q1 · latest full year 2025

The Supervisory Landscape

What the OCC, Federal Reserve, and FDIC are focused on right now — and how it compares to 35 years of supervisory attention.

Fed Liquidity Risk highest on record
OCC Governance highest since 2004
FDIC Deposit Stability highest since 2006
OCC Fintech & Innovation highest since 2020

Built from the BRDA topic-attention panel (agency letters, risk perspectives, FSRs, FILs) and quarterly enforcement / licensing / coordination panels.

Where today sits in decades of attention

Each line is a domain's share of one agency's supervisory text, by year. The headline shifts are multi-year or multi-decade highs — hover any line.

Loading attention history…

The long view — 1863–2025

Three core domains' share of supervisory attention across the whole record. The series splices the modern multi-corpus signal (1989–present) onto the long-run annual-report index before it — a single arc spanning the National Bank Act era, the Depression, deregulation, and 2008. The dashed line marks the 1989 source switch; credit's 2008 spike and compliance's long climb are both visible.

By agency — the 2025 lens

Top domains by share of supervisory attention in 2025, where each ranks in its own history, and what moved most versus the prior three years.

OCC

Compliance 29%
Governance 18% since 2004
Credit Risk 13%
Fintech & Innovation 11% since 2020
Interest-Rate Risk 9%
▲ Governance +10%▲ Fintech & Innovation +8%▲ Compliance +3% ▼ Concentration Risk -3%▼ Liquidity Risk -3%▼ Third-Party Risk -1%

Fed

Systemic Risk 31%
Credit Risk 24%
Market Risk 23% since 2022
Liquidity Risk 19% record
Cyber Risk 3% since 2021
▲ Liquidity Risk +5%▲ Cyber Risk +2%

FDIC

Consumer Protection 57%
Deposit Stability 31% since 2006
Capital Adequacy 5%
BSA / AML 3% since 2019
Credit Risk 1%
▲ Deposit Stability +10%▲ Consumer Protection +6% ▼ Operational Risk -3%▼ Credit Risk -1%

What the examination handbooks codify

Agency reports are cyclical — they track what supervisors are talking about now. The examination handbooks are the durable layer: what examiners are permanently instructed to assess. Because handbooks are versioned and dense, they cover recent years where annual reports thin out. Share of each agency's latest captured handbook text, by domain (capture year noted; coverage varies by agency).

OCC handbooks · 2026

Consumer Protection 27% record
Credit & Lending 12% since 2019
Supervision 11%
BSA / AML 9%
Payments 9%

Fed handbooks · 2020

Governance 32%
Compliance 15%
Structure & Chartering 14%
Liquidity 9%
Operations & Tech 5%

FDIC handbooks · 2015

Governance 10%
Liquidity 10%
Credit & Lending 9% since 2010
Trust & Fiduciary 8% since 2006
Payments 8% since 2004

Codified emphasis over time

Each agency's leading handbook domain, by capture year — the slow-moving, durable priorities.

Reports vs. handbooks: the cyclical and the codified

For each domain, share of attention in the agencies' current reports (cyclical — what they are talking about now) against their examination handbooks (durable — what examiners are permanently instructed to check). Where the red bar runs longer, attention is cyclically elevated; where the navy bar runs longer, the priority is structurally codified.

reports (cyclical)handbooks (codified)
17%
Credit
14%
2%
Capital
7%
20%
Liquidity
5%
13%
Market/Rate
8%
6%
Governance
13%
3%
Operations
7%
27%
Compliance
40%
13%
Systemic
7%

Compare & contrast: the agencies have specialized

The domains where the three agencies diverge most in 2025. Each agency's headline topic is near-absent from the others — supervisory attention is differentiating, not converging.

The quarterly pulse

Enforcement, chartering, and cross-agency coordination through 2026Q1.

-163Net new charters · 2025Q2–2026Q1
169Charters closed (4 qtrs)
74Enforcement actions (8 qtrs)

Enforcement actions per quarter

Most coordinated domains

Domains drawing aligned attention across agencies (recent quarters).

Credit Risk
Consumer Protection
Liquidity Risk
Compliance
Deposit Stability
About this issue. Built from the BRDA topic-attention panel (agency letters, risk perspectives, FSRs, FILs) and quarterly enforcement / licensing / coordination panels. Historical-context claims are computed from each agency's own attention history (1989–present), not asserted. This issue regenerates each quarter. Explore the underlying series in the SPI Explorer and Living Data panels.