Latest developments from the Office of the Comptroller of the Currency (regulator of national banks)
Promoting “interoperability” by the establishment of joint data standards for financial regulatory data is the aim of a final rule issued Thursday by the five federal financial regulatory agencies. The rule, which applies the Financial […]
Weekly and quarterly reporting forms that must be completed by permitted payment stablecoin issuers and foreign payment stablecoin issuers registered with the national bank regulator was proposed Thursday by the agency. The Office of the […]
An advisory issued jointly Friday by bank and credit union prudential regulators with Treasury’s financial crimes enforcement arm encourages the institutions to aid in the detection and reporting of illegal aliens. The agencies – Treasury’s […]
References to “reputation risk” have been expunged from interagency documents used by federal banking agencies, the agencies said in a release issued jointly Tuesday. The agencies – Federal Reserve Board, Federal Deposit Insurance Corp. (FDIC), […]
Benjamin Eddy is the senior deputy comptroller for regional and midsize financial institutions for the Office of the Comptroller of the Currency (OCC), the agency announced Monday. In that role, Eddy oversees the supervision of […]
Half of the 18 banks whose ratings under the anti-redlining Community Reinvestment Act (CRA) became public in May were deemed “outstanding,” information released by the national bank regulator Monday shows. The other nine banks, the […]
The national banking regulator lists 51 banks on its schedule for Community Reinvestment Act (CRA) evaluations slated for the third quarter of 2026. No schedule was provided for the fourth quarter, though the agency usually […]
The Treasury Department and federal financial institution regulators are charged in a recent executive order to take action aimed at mitigating potential credit risks post by the “non-work authorized population.” “My Administration will not tolerate […]
A new executive order directs federal financial regulators within 90 days to conduct reviews of their rules, processes and other mechanisms that could be updated to facilitate innovation and improve the competitiveness of financial products […]
A revised regulatory ratings system for banks and credit unions will be available for public comment for 90 days, the regulators said late Wednesday as the proposed new scheme was unveiled. The ratings regiment – […]
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