The Office of the Comptroller of the Currency’s Office of Enterprise Risk Management released its statement this week on its National Risk Committee’s Semiannual Risk Perspective for Spring 2016. The report examines risks facing national banks and federal savings associations and highlights the fact that strategic, credit, operational, and compliance risks remain top concerns.

The report covers risks facing national banks and federal savings associations based on data through December 31, 2015. It presents data in four main areas: the operating environment, bank performance, key risk issues, and regulatory actions. It focuses on issues that pose threats to the safety and soundness of those financial institutions regulated by the OCC and is intended as a resource to the industry, examiners, and the public. It includes discussion of low energy prices, the potential for rising interest rates and risks associated with banks partnering with marketplace lending firms, which are of concern and being monitored, as they may develop into broader system-wide issues.

Click here to view OCC 2016-79