Nation · Lead Story · 2026-10-14
OCC publishes findings from nine-bank review of access policies
The regulator says reputation-risk policies affected access to financial services and is considering further supervisory changes.
The Office of the Comptroller of the Currency released findings on October 14 from its supervisory review of the nine largest national banks under its oversight. The review examined policies in place between 2020 and September 2025.
OCC says all nine banks maintained policies that could influence access based on political or religious beliefs or lawful business activity. Its findings criticize broad reputation-risk standards that the agency says lacked sufficiently clear, objective criteria.
The regulator reported reviewing nearly 100,000 complaints and approximately 50,000 bank documents totaling about 420,000 pages. Industry restrictions discussed in its release include energy production, firearms, tobacco and digital assets.
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Environment · 2026-10-14
EU water accelerator targets financing barriers for 20 pilot projects
The advisory initiative will focus on water efficiency, nature-based resilience and cleaner water systems.
The European Commission presented a Water Resilience Investment Accelerator on October 14, designed to help 20 innovative pilot projects attract financing. It operates through Green Assist, an InvestEU advisory initiative funded by the LIFE programme.
The Commission estimates that implementing existing EU water legislation requires approximately €23 billion in additional annual investment. The accelerator seeks to make projects more attractive to investors rather than announce that this entire shortfall has been funded.
Read articleWorld · 2026-10-14
EU and eight countries sign protocol on criminal-asset recovery
Monaco and the United Kingdom are among the signatories to updated cross-border financial-crime cooperation rules.
The European Union and eight countries signed an additional protocol to the Warsaw Convention in Strasbourg on October 14. The Council of Europe lists Georgia, Greece, Hungary, Luxembourg, Monaco, Montenegro, San Marino and the United Kingdom alongside the EU.
The instrument addresses freezing and confiscating criminal proceeds, management of seized assets, money-laundering prevention and cooperation among police and judicial authorities. Its purpose is to strengthen tools used when assets and investigations cross national borders.
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