Latest developments from the Office of the Comptroller of the Currency (regulator of national banks)
A self-assessment tool banks can use to evaluate their preparedness for the expected cessation of the London Interbank Offered Rate (LIBOR) as a reference rate for products and services was released Wednesday by the Office […]
Title: Net Stable Funding Ratio: Liquidity Risk Measurement Standards and Disclosure Requirements Subject: Net stable funding ratio Agency: FDIC, Federal Reserve, OCC Status: Final rule Summary: The Office of the Comptroller of the Currency (OCC), […]
Federal banking regulators’ October final rule creating a quantitative metric – the net stable funding ratio (NSFR) – is finally slated to be published, this Thursday, in the Federal Register. Approved by the Federal Deposit Insurance Corp. […]
Title: National Bank and Federal Savings Association Premises Subject: Bank premises Agency: OCC Status: Proposed rule Summary: The Office of the Comptroller of the Currency (OCC) is issuing a notice of proposed rulemaking to amend […]
A proposed rule setting standards for a bank or federal savings association (FSA) acquiring and holding real estate used as premises is out for comment until March 22, according to a Federal Register notice for […]
A Washington state-chartered trust company seeking conversion to a trust bank that will provide cryptocurrency custody services has received conditional approval by the Office of the Comptroller of the Currency (OCC), according to information released […]
A formal withdrawal of Judy Shelton’s nomination to be a member of the Federal Reserve Board was issued Thursday by the White House, officially ending the bid of the controversial nominee to become a central […]
The nation’s federal bank chartering agency has scheduled a virtual Innovation Office Hours for March 17-18 “to promote responsible innovation in the federal banking system,” according to an announcement Wednesday, and those interested in getting […]
“Outstanding” was the rating six banks earned for their performance in meeting the requirements of anti-redlining rules, according to a list of ratings of 21 banks released Tuesday by the federal regulator of national banks. […]
Data entry software, file specifications and edits to reporting records for 2021 anti-redlining regulation reporting were released Friday by the umbrella group for federal financial institution regulators. The Federal Financial Institutions Examination Council (FFIEC) released […]
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