On 9/13/21, the Office of the Comptroller of the Currency (OCC) issued a new "Problem Bank Supervision" booklet of the Comptroller's Handbook. This booklet is part of the Examination Process series of the Comptroller's Handbook. According to the OCC release, the new booklet
includes information regarding timely identification and rehabilitation of problem banks and advanced supervision, enforcement, and resolution when conditions warrant.
includes a comprehensive discussion of the OCC's authority under 12 CFR 6, "Prompt Corrective Action."
complements other booklets of the Comptroller's Handbook and topical OCC and interagency issuances.
The new OCC Booklet can be found here.