Latest developments from the Office of the Comptroller of the Currency (regulator of national banks)
The impacts of Russia’s invasion of Ukraine, as well as crypto-related derivatives trading, on financial industry “tail risks” – low-probability, high-impact risk events – were the focus of remarks delivered Thursday by the national bank […]
A 2017 booklet of the Comptroller’s Handbook that addresses supervised banks’ commercial real estate (CRE) lending activity has been rescinded and replaced, the Office of the Comptroller of the Currency (OCC) said in a bulletin […]
Banks should pursue “pro-consumer” changes to their overdraft programs, the acting comptroller of the currency wrote in an article appearing Monday in a trade journal, reiterating a warning he issued to banks earlier this month. […]
An initiative designed to identify and reduce barriers to “full, equal, and fair” participation in the nation’s economy was launched in Dallas Monday by the Office of the Comptroller of the Currency (OCC), the agency […]
The group that advises the national bank and thrift regulator on issues important to mutual savings associations (MSAs) is scheduled to meet publicly at 8:30 a.m. Eastern on April 19, according to a notice slated […]
Trading revenue was up nearly 20% at banks and savings associations at the end of 2021 from the previous year, the regulator of national banks and savings associations said Friday. The Office of the Comptroller […]
Enhancing supervisory methods for identifying discrimination in property valuations, and taking steps to ensure that consumers know their rights regarding appraisals, are among the actions the regulator of national banks plans to take in coming […]
Rubbing elbows with royalty is apparently one of the perks of being acting comptroller of the currency, as the incumbent Wednesday met with the queen of the Netherlands to talk financial health and inclusion. The […]
Updates intended to modernize policies and procedures for administrative proceedings at bank and credit union regulators were proposed Tuesday by the agencies. Specifically, the agencies said the proposal was intended to align the rules with […]
More than 96% of mortgages were current and performing at national banks and savings institutions at year-end 2021, up from about 93% a year earlier, their federal regulator said Tuesday. Foreclosures, the regulator said, increased […]
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