To our clients and friends:
On May 19, 2026, the FFIEC issued a notice of proposed rulemaking to revise the Uniform Financial Institutions Rating System, commonly known as the CAMELS framework. The proposed changes are the first revisions to this framework since 1996, and will apply to the supervision standards and procedures used for national banks, member and non-member state-chartered banks, and credit unions. Our Legal Update on this proposal can be found here.
Luse Gorman, PC regularly advises financial institutions on regulatory and compliance developments of, supervisory relationships with, and enforcement actions from, the federal banking and credit union regulatory agencies. If you have any questions related to this Legal Update, please reach out to the authors, or to your usual firm contact.
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