News Release 2022-54 | May 17, 2022
Acting Comptroller Discusses Risk Management
WASHINGTON—Acting Comptroller of the Currency Michael J. Hsu today discussed the importance of risk management in remarks at Bloomberg Risk & Regulation Week 2022. In his remarks, the Acting Comptroller encouraged banks to assess exposures and adjust risk profiles ahead of potential uncertainty and volatility in interest rates and loan performance. Mr. Hsu also discussed risk mitigation for counterparty and sector concentrations, and offered thoughts on underwriting trends and developments in retail and commercial credit.