Latest developments from the Office of the Comptroller of the Currency (regulator of national banks)
Reductions for assessment fees on banks – and no change in the assessment rates from 2022 for independent trust and independent credit card fee schedules – were announced Thursday by the Office of the Comptroller of the […]
Revised mitigating factors, and increased scoring weight of those factors, are two key changes in the manual for assessing civil money penalties (CMPs), the regulator of national banks said Tuesday. The Office of the Comptroller […]
Two regulators gave clues of how they will consider future resolution plans (or “living wills”) submitted for review by large, complex banking organizations – including taking a more “granular” view and focusing on “resolvability” — […]
The “quiet trustworthiness” of banks in the face of the current “crypto drama” was extolled by the top regulator of national banks Thursday in remarks before a conference focusing on financial literacy issues. Acting Comptroller […]
Oversight of more than 200 banks and federal savings associations with assets of $273 billion across 19 states in the northeast and east U.S. will be the responsibility a new deputy comptroller of the currency, […]
Crypto and stablecoins, capital requirements, climate change, bank mergers and more were among the topics that federal financial institution regulators touched on during testimony Tuesday before the Senate Banking Committee. In presenting their testimony for […]
Elevating fairness – to ensure that the federal banking system provides fair access and treatment, including through enforcement of anti-redlining laws – is a commitment of the national bank regulator, the agency’s top supervisory official […]
National banks, federal savings associations, and federal branches and agencies of foreign banks were permitted to close offices in areas affected by Tropical Storm Nicole in Florida, Georgia, North Carolina, and South Carolina, the national […]
Promoting responsible innovation in the federal banking system is the aim of virtual innovation office hours set for Dec. 14-15 by the national bank regulator. The Office of the Comptroller of the Currency (OCC) said […]
An Office of Financial Technology will be established in early 2023 by the Office of the Comptroller of the Currency (OCC) to provide strategic leadership, vision, and perspective for the OCC’s financial technology activities and […]
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