OCC

Regulatory Capital Treatment for Investments in Certain Unsecured Debt Instruments of Global Systemically Important U.S. Bank Holding Companies, Certain Intermediate Holding Companies, and Global Systemically Important Foreign Banking Organizations

April 5, 2019 0

Title: Regulatory Capital Treatment for Investments in Certain Unsecured Debt Instruments of Global Systemically Important U.S. Bank Holding Companies, Certain Intermediate Holding Companies, and Global Systemically Important Foreign Banking Organizations Subject: Capital Agency: FDIC, Federal […]

‘First National Bank’ claiming Minneapolis address not a federally chartered institution, OCC warns in alert

April 4, 2019 0

An institution that calls itself First National Bank, reportedly located on 9th Street in Minneapolis, Minn., is not a national bank even though it presents itself to be one, the Office of the Comptroller of […]

UPDATED: FFIEC cybersecurity assessment tool up for renewal; comments invited

April 4, 2019 0

Federal bank and credit union regulators are inviting comments until June 4 on renewal of the FFIEC Cybersecurity Assessment Tool created to assist financial institutions in assessing their inherent cyber risks and risk management capabilities, […]

Agencies issue updated FAQs on CECL to combine, replace earlier versions issued two, three years ago

April 3, 2019 0

Updated “frequently asked questions” (FAQs) about the new accounting standard on credit losses hit the street Wednesday, combining new questions and answers with those issued two and three years ago and replacing others. The Federal […]

7 banks rated ‘outstanding’ for CRA, 18 rated ‘satisfactory,’ OCC reports

April 3, 2019 0

The list of 25 Community Reinvestment Act (CRA) ratings of banking institutions that became public during the month of March includes 18 ratings of “satisfactory” and seven ratings of “outstanding,” the Office of the Comptroller […]

Proposal would limit ‘interconnectedness’ of big banks by discouraging TLAC debt purchases

April 2, 2019 0

“Interconnectedness” of large banking organizations would be limited under a proposal issued by the federal banking agencies Tuesday and aimed at reducing the impact of a failure of a large financial firm. The Federal Deposit […]

OCC names new senior deputy comptroller for large bank supervision

April 1, 2019 0

As of Monday, Maryann Kennedy is the senior deputy comptroller for large bank supervision at the Office of the Comptroller of the Currency (OCC), the agency announced in a release. Kennedy, formerly the agency’s deputy […]

Banking agencies’ reg capital rule changes for CECL delayed to July 1

March 28, 2019 0

The three federal banking regulators are delaying the April 1 effective date of a regulatory capital rule that addresses the current-expected-credit-loss (CECL) accounting standard until July 1, the agencies said in a notice scheduled for […]

OCC sets compliance, operational risk workshops for May 7, 8 in Kansas

March 28, 2019 0

Workshops on compliance and operational risks, targeted to directors of national community banks and federal savings associations, are slated May 7 and 8 in Manhattan, Kan., by the Office of the Comptroller of the Currency […]

National bank regulator adopts revised exam procedures in anticipation of new prepaid rule

March 27, 2019 0

Interagency examination procedures for changes in Truth in Lending Act (TILA, Regulation Z) and Electronic Funds Transfer Act (EFTA, Regulation E) requirements related to prepaid accounts, and that go into effect April 1, are addressed […]

Regulatory Capital Treatment for Investments in Certain Unsecured Debt Instruments of Global Systemically Important U.S. Bank Holding Companies, Certain Intermediate Holding Companies, and Global Systemically Important Foreign Banking Organizations

‘First National Bank’ claiming Minneapolis address not a federally chartered institution, OCC warns in alert

UPDATED: FFIEC cybersecurity assessment tool up for renewal; comments invited

Agencies issue updated FAQs on CECL to combine, replace earlier versions issued two, three years ago

7 banks rated ‘outstanding’ for CRA, 18 rated ‘satisfactory,’ OCC reports

Proposal would limit ‘interconnectedness’ of big banks by discouraging TLAC debt purchases

OCC names new senior deputy comptroller for large bank supervision

Banking agencies’ reg capital rule changes for CECL delayed to July 1

OCC sets compliance, operational risk workshops for May 7, 8 in Kansas

National bank regulator adopts revised exam procedures in anticipation of new prepaid rule

OCC restores previous merger act rules; comments due in 30 days

Regulator opens door to banks buying, selling crypto assets held in custody – the latest in rolling back crypto hurdles

‘Buy now, pay later’ rule not a priority for enforcement, CFPB says; rescission to be considered

OCC’s RFI asks about obstacles to community banks going digital

FDIC ratings under CRA show 3 banks ‘outstanding’ and 2 ‘needs to improve’

Enforcement of ECOA small-business loan data collection deprioritized at CFPB

Nearly half of 25 banks evaluated in April by OCC earn ‘outstanding’ CRA ratings

Texas commissioner re-elected as chair of state liaison committee to Exam Council