
The OCC says the booklet provides background information and expanded examination procedures for the 2003 SCRA. The agency also said it has rescinded OCC Bulletin 2011-16, “Servicemembers Civil Relief Act: Revised Examination Procedures”; and the “Servicemembers Civil Relief Act of 2003” booklet of the Handbook issued in May 2011.
The bulletin said the revised booklet summarizes SCRA requirements, discusses risks associated with a bank’s SCRA activities, discusses risk management of SCRA compliance, and includes examination procedures regarding a bank’s SCRA risk management and compliance.