OCC Bulletin 2026-33, issued July 16, 2026, revised the Comptroller's Handbook booklet on allowances for credit losses and rescinded related materials. This is a supervisory handbook update that changes examination reference material rather than a new final rule.
What changed
The OCC updated its examination handbook content for allowances for credit losses and rescinded prior guidance documents tied to that topic.
Compliance perspective
Banks should compare current ACL methodologies, governance, and documentation against the revised handbook because exam teams will use the updated booklet. Credit, finance, and model-risk staff should be ready to support revised exam questions and expectations.
Key date
Effective date: July 16, 2026.
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