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March 15, 2019

OCC updated the Recovery Planning booklet of the Comptroller’s Handbook. The booklet explains effective recovery planning pursuant to 12 CFR 30, Appendix E, which contains OCC guidelines establishing standards for recovery planning by certain large insured national banks, insured federal savings associations, and insured federal branches.

The Recovery Planning booklet only applies to covered banks. A covered bank means any bank with average total consolidated assets equal to or greater than USD 250 billion; less than USD 250 billion if the bank was previously a covered bank; or less than USD 250 billion if OCC determines that the bank is highly complex or otherwise presents a heightened risk so as to warrant the application of the recovery planning guidelines, pursuant to paragraph 1.C.1.a of 12 CFR 30, Appendix E. This updated booklet replaces a similarly titled booklet issued in April 2018. The issuance of this booklet rescinds OCC Bulletin 2018-9, “Recovery Planning: New Comptroller’s Handbook Booklet.” The updates include the following:

  • Conformance with 12 CFR 30, Appendix E
  • Added OCC Bulletin 2018-47 to footnote
  • Clarified Dodd–Frank Act Stress Testing (DFAST) and resolution planning thresholds pursuant to the Economic Growth, Regulatory Relief, and Consumer Protection (EGRRCP) Act
  • Reflected rescission of OCC Bulletin 2017-48, which was replaced by OCC Bulletin 2018-41
  • Updated “References” section for consistency with the content of the booklet

OCC amended its enforceable guidelines on recovery planning standards on December 27, 2018, to limit the application of the guidelines to the largest, most complex banks and thus provide regulatory burden relief to smaller, less complex banks. The updates to the booklet incorporate revisions to the enforceable guidelines on recovery planning standards for covered national banks, federal savings associations, and federal branches, which

  • Increase the average total consolidated assets threshold for applying the guidelines to banks from USD 50 billion to USD 250 billion
  • Decrease from 18 months to 12 months the time within which a bank should comply with the guidelines after the bank first becomes subject to the guidelines


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Keywords: Americas, US, Banking, Comptroller Handbook, EGRRCP Act, Recovery Planning, DFAST, OCC

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