Latest developments from the Office of the Comptroller of the Currency (regulator of national banks)
Guidance regarding the role of informal or implied expressions of support from foreign governments in determining a borrower’s obligor and facility credit risk ratings was issued for banks and thrifts by the Office of the […]
Comments on the best ways to modernize the regulatory framework implementing the anti-redlining Community Reinvestment Act (CRA) are being sought in an advance notice of proposed rulemaking (ANPR) released Tuesday by the regulator of national […]
Interim final rules that are expected to qualify another 420 banks and savings associations for an extended, 18-month exam cycle take effect Wednesday, according to notices published jointly by federal banking agencies. The rules, published in the […]
Regulatory Report took a week-long break from Aug. 10 to Aug. 17, but the news didn’t. Here is a wrap-up of some of the key developments during the period. OCC policy on CRA clarified, leaving […]
Banks affected by severe weather conditions associated with Hurricane Lane in the Hawaiian Islands were given the green light to close by the federal regulator national banks, in a statement released Friday. The Office of […]
Nominations of members for two advisory committees to the regulator of national banks about mutual savings banks and minority depository institutions will be taken until Oct. 15, the agency states in filings with the Federal […]
An extended, 18-month examination cycle will apply to more banks under joint interim final rules issued Thursday by federal banking regulators and set to take effect upon publication in the Federal Register. The rules implement […]
Ensuring the continued health and viability of minority depository institutions and other topics of concern are slated for discussion Sept. 18 during an open meeting of the Minority Depository Institutions Advisory Committee (MDIAC) of the […]
Three federal banking regulatory agencies on Wednesday issued an interim final rule, along with a request for comments, that amends the liquidity coverage ratio (LCR) rule to treat liquid and readily marketable, investment-grade municipal obligations […]
Federal financial industry regulators will jointly host the first-ever Financial Regulatory Agencies’ Diversity and Inclusion Summit Sept. 13 in New York City, the federal agency that regulates credit unions said in an email announcement Monday. […]
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