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flag The Fed is reevaluating its supervisory alerts to focus on major financial risks, not minor procedural issues, to improve clarity and effectiveness.

flag The Federal Reserve is reviewing its previously issued "matters requiring attention" (MRAs) to ensure they focus on material financial risks rather than procedural issues, as part of a broader supervisory overhaul led by Vice Chair Michelle Bowman. flag Examiners will assess whether MRAs are specific and pose significant threats to bank safety and soundness; those not meeting the standard may be downgraded to non-binding observations. flag The review, excluding consumer protection issues, aims to improve clarity and effectiveness, with straightforward cases resolved by March and complex ones by mid-July, following consultations with banks and regulators.

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