Latest developments from the Office of the Comptroller of the Currency (regulator of national banks)
Providing clarity on capital instruments for mutual banking organizations (MBOs) through Federal Reserve guidance was lauded by the national bank regulator late Thursday. In a statement, Comptroller of the Currency Jonathon Gould said the Oct. […]
Bank Secrecy Act (BSA) regulatory requirements on the reporting of potential illegal transaction structuring activity are among those that regulators sought to clarify in their recent additions to their suspicious activity report (SAR) frequently asked […]
A 41-year veteran of the national bank regulator is now a “senior national bank examiner” for her agency, the agency said late Wednesday. Jennifer Crosthwaite was bestowed the designation by the Office of the Comptroller […]
Banning use of reputation risk by regulators and focusing supervision on material financial risks are both subjects of proposals issued Tuesday by two federal bank regulators Tuesday. The Office of the Comptroller of the Currency […]
Clarifying exam procedures for community banks is the aim of four bulletins released Monday by the national bank regulator, which include guidance to banks and proposed rulemakings. The Office of the Comptroller of the Currency […]
The national bank regulator said the six banks whose anti-redlining Community Reinvestment Act (CRA) ratings became public in September included three with “outstanding” ratings and three “satisfactory.” The list from the Office of the Comptroller […]
Four federal financial institutions regulators issued a reminder Wednesday to lenders that they are still allowed to make loans subject to federal flood insurance laws when the National Flood Insurance Program (NFIP) is not available, […]
Trading revenue was up 10.7% at the nation’s banks at midyear, or $1.6 billion, outdistancing growth from a year before, the national bank regulator said Thursday. In its Quarterly Report on Bank Trading and Derivatives […]
Slightly more mortgage loans were performing at midyear than in the previous year, the national bank regulator reported Wednesday – and the percentage of seriously delinquent mortgages fell from the year before, the agency added. […]
The national bank regulator’s bank supervision and examination group will be divided into three areas ad of Oct. 1, and its chief national bank examiner office will have five divisions, the agency announced recently. The […]
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