Latest developments from the Office of the Comptroller of the Currency (regulator of national banks)
Academic research papers on the use of artificial intelligence (AI) in banking and finance, including on topics such as the effect on financial stability and use for fraud, are being sought by the regulator of […]
The threshold will increase from $32,400 to $33,500 for higher-priced mortgage loans that are subject to special appraisal requirements, the federal banking and consumer financial protection agencies said Friday. The new threshold takes effect Jan. […]
Refinance risk in commercial lending at banks is addressed in a bulletin issued Thursday by the regulator of national banks. According to the Office of the Comptroller of the Currency (OCC), refinance risk occurs when […]
Federal financial institution regulatory agency efforts to assist banks, credit unions and their communities in areas stricken by Hurricane Helene shifted to a consolidated, coordinated approach Wednesday for regulatory relief as the regulators issued joint […]
Allowances for credit losses (and credit itself), cybersecurity, and Bank Secrecy Act/anti-money laundering (BSA/AML)/countering the financing of terrorism (CFT) are among the priorities outlined for supervision in 2025 in a plan released Tuesday by the […]
Banks’ evaluation ratings under the federal anti-redlining statute included six “outstanding” and 16 “satisfactory” ratings, the national bank regulator said of the ratings that became public in September. The Office of the Comptroller of the […]
The group that advises the national bank regulator on mutual savings association issues is slated to meet publicly Oct. 22, the agency said Monday. The Office of the Comptroller of the Currency (OCC) said the […]
Nasty weather in the northeast, the Midwest and the southeast – particularly the effects of an approaching hurricane – have prompted federal banking regulators to offer regulatory relief to institutions in those areas, the agencies […]
A 1.4% increase in bank trading revenue from the previous quarter – and 16% rise from a year earlier – was reported Tuesday for second quarter 2024 by the national bank regulator. The Office of […]
An alleged scheme to steal bank funds by falsely reporting receipt of counterfeit bills to conceal the theft has earned a former bank employee a prohibition from further work in the banking industry, the national […]
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