LexRegPulse Weekly - Aug 30, 2026
Alex: You're listening to the LexRegPulse Weekly for August 24 through August 30, 2026. I'm Alex.
Morgan: And I'm Morgan. Here's what mattered this week.
Alex: For decades, "unsafe or unsound practice" was the phrase examiners used to reach almost anything — capital, culture, complaints — because nobody had ever written down what it meant. This week the OCC and FDIC defined it for the first time, and it's a two-pronged test: a practice has to depart from prudent banking standards, and it has to be likely to cause material harm — to the bank's financial condition or to the Deposit Insurance…
The skinny
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