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News Release 2022-146 | December 5, 2022

Acting Comptroller Discusses Promoting Prudent Credit Risk Management and Diversity and Inclusion

WASHINGTON— Acting Comptroller of the Currency Michael J. Hsu today discussed the importance of continued prudent credit risk management and diversity and inclusion, two important safety and soundness topics, at the RMA Risk Management and Internal Audit Virtual Conference. The Acting Comptroller highlighted benefits to banks from the Current Expected Credit Losses standard, and the importance of bank commitments to meaningful diversity, equity and inclusion at every organizational level.

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