Latest developments from the Office of the Comptroller of the Currency (regulator of national banks)
The comment period was extended Friday by one month for a proposed rule to update the standards for regulators about how financial firms measure counterparty credit risk posed by derivative contracts. The extension means comments […]
The federal regulator of national banks and federal savings associations issued a bulletin Wednesday pointing supervised institutions to the proposed stress testing rule that was published this week in the Federal Register. In Bulletin 2019-7, […]
A final rule providing the option for financial institutions and firms to phase in over a three-year period the day-one regulatory capital effects of the “current expected credit losses” (CECL) accounting methodology is finally scheduled […]
Title: Regulatory Capital Rule: Implementation and Transition of the Current Expected Credit Losses Methodology for Allowances and Related Adjustments to the Regulatory Capital Rule and Conforming Amendments to Other Regulations Subject: CECL Agency: FDIC, Federal […]
Compliance and operational risks will be the subjects of two workshops for bank directors next month, sponsored by the federal regulator of national banks. The Office of the Comptroller of the Currency (OCC) said in […]
Title: Notice of Inflation Adjustments for Civil Money Penalties Subject: CMP Agency: OCC Status: Final rule Summary: The Office of the Comptroller of the Currency (OCC) is providing notice of its maximum civil money penalties […]
The federal regulator of national banks has set an adjusted “comments due” date of March 14 to its proposed rule on stress testing for banks and savings associations, a result of the 35-day, partial government […]
Title: Amendments to the Stress Testing Rules for National Banks and Federal Savings Associations Subject: Stress testing Agency: OCC Status: Final rule Summary: The OCC is adopting a final rule to amend the OCC’s company-run […]
Count the regulator of national banks as a fan of the consumer financial protection agency’s proposed revisions to its rules covering small-dollar “payday” lending, according to a release issued Monday. Comptroller of the Currency Joseph […]
Banking regulators’ proposal to create a community bank leverage ratio (CBLR) framework that allows a simple measurement of capital for qualifying institutions is detailed in a bulletin issued Friday by the Office of the Comptroller […]
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