Latest developments from the Office of the Comptroller of the Currency (regulator of national banks)
A Santa Anna, Texas, bank was closed late Friday by the national bank regulator, becoming the second bank to fail so far this year. Santa Anna National Bank was closed by the Office of the […]
An exemption order allowing banks and credit unions to satisfy a federal customer identification program (CIP) rule by getting taxpayer identification number (TIN) information from third parties – not just directly from the customer or […]
Easing some capital standards for large banks so the requirements don’t discourage those institutions from engaging in “low-risk” activities was proposed by the three federal banking agencies Friday. In a joint release, the agencies said […]
A 10 a.m. open meeting where regulators would discuss a draft proposed rule to revise regulatory capital requirements for global systemically important banking organizations (GSIBs) didn’t happen Thursday, according to a notice issued by email […]
The list of “distressed or underserved nonmetropolitan middle-income geographies” where some bank activities are eligible for credits under anti-redlining regulations was released late Wednesday by the federal banking agencies. The Office of the Comptroller of […]
Draft proposed regulatory capital modifications for global systemically important banking organizations (GSIBs), slated for discussion Thursday of the Federal Deposit Insurance Corp. (FDIC) Board, were released Wednesday with a statement of support by the acting […]
Comments on ways federal banking regulators can help consumers, businesses, and financial institutions mitigate payments fraud risk – particularly check fraud risk – are due to the agencies Sept. 18, according to a recent Federal […]
A plan to consider criminally liable regulatory offenses, in compliance with an executive order issued in May addressing “overcriminalization in federal regulations,” will be published by May 2026, the national bank regulator said Monday. In […]
$15.0 billion in the first quarter of 2025 was the cumulative trading revenue for U.S. banks and savings associations, the national bank regulator said Monday, which was down from the previous quarter. According to the […]
A demand to jettison regulations that pre-empt state consumer financial laws was denied Monday by the national bank regulator, who told a group of state supervisors that the national rule is compliant with federal law […]
Copyright (c) 2022, RegReport.info; Contact: editor@regreport.info