Regulatory Recap: November 2025
Regulatory activity at a glance
“Life is like riding a bicycle. To keep your balance, you must keep moving."
— Albert Einstein
November saw regulatory activity regain momentum and continue building to full stride.
Key regulatory actions in November are captured in our November 2025 Regulatory Recap, including:
- Agency perspectives on digital assets and cryptocurrencies (CFTC, OCC, SEC), AI technology and innovation (FRB), and third-party risk management (OCC, BCBS)
- Supervisory guidance, including operating principles (FRB), revisions to supervisory frameworks (FRB, OCC), and examination priorities (SEC, FSB)
- Rule withdrawals (FCC, FERC), proposals (e.g., community bank CBLR (FRB, FDIC, OCC)), and final rulemakings (e.g., indexing regulatory thresholds (FDIC))
- Reports covering AI-driven transformation (NTIA), 2025 enforcement (FERC), and private credit markets (FSB)
Dive into our thinking:
Explore more
Get the latest from KPMG Regulatory Insights
KPMG Regulatory Insights is the thought leader hub for timely insight on risk and regulatory developments.
Meet our team