Hsu on importance of credit risk management

Acting Comptroller of the Currency Michael J. Hsu yesterday 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. Hsu 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.

• Press release