Latest developments from the Office of the Comptroller of the Currency (regulator of national banks)
Stablecoins and their usage should be subject to a standard-setting initiative similar to that undertaken by bodies that set touchstones for the Internet, the leader of the regulator of national banks said Wednesday. In a […]
Milwaukee, Wis., is the latest addition to a program of the national bank regulator aimed at improving financial access to capital for minority-owned and small businesses, and affordable home ownership, the agency said Wednesday. The […]
A proposal to revise federal banking regulators’ Community Reinvestment Act (CRA) regulations is expected to allow regulators to evaluate “more comprehensively” the CRA performance of banks that offer mortgage loans outside traditional, branch-based assessment areas, […]
A final rule takes effect May 1 amending the national bank regulator’s suspicious activity report (SAR) regulations, which allow the agency to issue exemptions from the requirements of those regulations if a bank meets the […]
A final rule on computer-security incident notification will be the subject of an “Ask the Regulators” webinar set for April 28, federal banking regulators said Wednesday. The final rule, adopted last November, is meant to […]
Updating rules governing formal administrative proceedings for insured depository institutions by aligning them with current practices and facilitating the use of electronic communications and technology in formal administrative proceedings was proposed jointly Wednesday by the […]
The national bank regulator in a speech Friday stressed the need to establish an intentional architecture for stablecoins that will help protect people, the dollar, and “reflect our values,” and he outlined three preliminary factors […]
Three booklets from the Comptroller’s Licensing Manual have been revised and replace earlier ones issued in January 2017 and October 2019, the Office of the Comptroller of the Currency (OCC) said in a bulletin Thursday. […]
The national bank regulator’s Minority Depository Institutions (MDI) Advisory Committee is scheduled to hold a virtual public meeting April 26, according to a Federal Register notice slated for publication Tuesday. The aim of the meeting, […]
Large regional banks, which have grown in size and complexity since the 2008 financial crisis, are at risk of becoming the new “too big to fail” (TBTF) financial firms, the acting head of the federal […]
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