Latest developments from the Office of the Comptroller of the Currency (regulator of national banks)
Federal and state financial institution regulators on Wednesday said they were ending the flexible approach to supervision and enforcement they initiated in April 2020 regarding certain mortgage servicing timing requirements. The agencies – the Federal […]
Framework guidance for dealing with climate change risk management “supervisory expectations” will be released this year, the acting head of the regulator of national banks said Monday, following a “range of practices” review that will […]
Acting Comptroller of the Currency Michael Hsu on Wednesday discussed efforts under way to assess the future of financial regulation, with focus on how to “level up” the rights, obligations, and trust value of both […]
Five of the 15 banks whose Community Reinvestment Act (CRA) ratings were made public in October received the rating of “outstanding,” according to information posted Wednesday by the national bank regulator. The Office of the […]
Payment stablecoins and their arrangements should be subject to a federal framework on a consistent and comprehensive basis through an act of Congress – including by requiring that stablecoins may only be issued by federally […]
A new version (2.0) of the “Retail Lending” booklet of the national bank regulator’s examination and supervision handbook was announced Thursday. The Office of the Comptroller of the Currency (OCC) said this piece of the […]
A 2020 bulletin on revised Truth-in-Lending Act (TILA) exam procedures was rescinded by the national regulator of banks Thursday in light of more recent revisions brought about by changes regarding the definitions of qualified mortgages. […]
Anyone in banking who thinks some form of LIBOR will remain available as a reference rate despite its scheduled expiration has another thing coming, the chief of the Office of the Comptroller of the Currency […]
Got questions about the national bank regulator’s request for comments about its proposal to rescind 2020 anti-redlining rules? The regulator has some answers – to frequently asked questions (FAQs) it has received, the agency said […]
A series of policy statements on crypto assets activities by banks is forthcoming from federal banking regulators, the leader of the federal bank deposit insurance fund indicated Monday, as the agencies coordinate policies on how […]
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