Latest developments from the Office of the Comptroller of the Currency (regulator of national banks)
The need to educate consumers about the risks and costs inherent in crypto currency investments was emphasized Thursday during remarks by the top national banking regulator before the Treasury-led Financial Literacy and Education Commission (FLEC). […]
The “Large Bank Supervision” booklet of the national bank regulator’s supervisory handbook has been updated and rescinds the previous booklet of the same title from September 2019. The agency said Tuesday. In its Bulletin 2022-6, […]
Noting that large banks are not waiting for regulators to set climate-risk management guidance, the acting head of the national bank regulator on Monday said some large banks are already exploring climate risk issues, with […]
Regulators’ efforts aimed at increasing banking access to low-income, less-educated, and minority households should include performance measures to determine their effectiveness, the congressional watchdog recommended Monday. In a report, the Government Accountability Office (GAO) said […]
The federal regulator of national banks has selected Amanda Freedle to be its next deputy comptroller and chief accountant, effective March 28, the agency announced Friday. Freedle, in her new role, will lead the Office […]
Of the 11 banks whose Community Reinvestment Act (CRA) evaluation ratings became public in February, one received the rating of outstanding and the other 10 were rated satisfactory, the national bank regulator said Tuesday. The […]
Revised booklets for the Comptroller’s Licensing Manual were released Monday by the Office of the Comptroller of the Currency (OCC) and replace booklets having the same titles that were issued between June 2017 and January […]
A total of 208 banking institutions are scheduled for Community Reinvestment Act (CRA) evaluations by the national bank regulator over the second and third quarters of 2022, according to the agency. The Office of the […]
In a sign that the current acting comptroller of the currency may stay in that position for a bit longer, the Office of the Comptroller of the Currency (OCC) advertised Wednesday for a “senior advisor […]
A new set of frequently asked questions (FAQs), with answers, addressing transitional issues related to last year’s rescission of a 2020 final Community Reinvestment Act (CRA) rule was issued Tuesday by the Office of the […]
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