Comments due (OCC): Stress Testing Rules
Amendments to the Stress Testing Rules for National Banks and Federal Savings Associations Reg Lookup item
OCC
Comments due (FDIC, Federal Reserve, OCC): Volcker Rule revisions
Restrictions on Proprietary Trading and Certain Interests in, and Relationships With, Hedge Funds and Private Equity Funds (Volcker rule) Reg Lookup item
OCC
173 banks on 2Q-3Q list for CRA evaluations by OCC
A total of 173 national banks and federal savings associations (FSAs) throughout the U.S. are scheduled to be evaluated for Community Reinvestment Act (CRA) compliance by the Office of the Comptroller of the Currency (OCC) […]
FDIC
Standardized Approach for Calculating the Exposure Amount of Derivative Contracts
Title: Standardized Approach for Calculating the Exposure Amount of Derivative Contracts Subject: Derivatives Agency: OCC, Federal Reserve, FDIC Status: Final rule Summary: The Office of the Comptroller of the Currency, the Board of Governors of […]
OCC
April OCC workshop targeted to directors, senior management
A workshop will be hosted in Cincinnati, Ohio, April 9-10 by the Office of the Comptroller of the Currency (OCC) for directors, senior management team members, and other key executives of national community banks and […]
OCC
Final rule implementing CECL for banks highlighted in OCC bulletin
Key points of a final rule, issued Feb. 14, by banking agencies to implement the new accounting standard for current expected credit losses (CECL) are highlighted in a bulletin issued Monday by the federal agency […]
OCC
Comptroller issues bulletin highlighting comments-due date for proposed community bank Volcker Rule exception
A proposed rulemaking to exclude “a majority of community banks” from restrictions on proprietary trading – the “Volcker Rule” – consistent with last year’s financial regulatory relief law is highlighted in a bulletin issued Monday […]
OCC
OCC completes BSA exam of Tokyo bank’s federal branches, sets new cease-and-desist order
Violations of the Bank Secrecy Act (BSA) and related rules are continuing to be addressed by three federal branches of MUFG Bank Ltd., Tokyo, Japan, under a consent cease-and-desist (C&D) order executed Thursday with the […]
OCC
OCC bulletin details flood insurance rule under Biggert-Waters Act
A flood insurance rule that, effective July 1, will require lenders to accept policies meeting the statutory definition of “private flood insurance” is explained in a bulletin issued to national banks and federal savings associations […]
OCC
National bank regulator followed erroneous ethics guidance for 15 years, then made corrections, special counsel reports
The federal regulator of national banks followed erroneous guidance on certain employee ethics requirements for 15 years despite subsequent guidance issued by the Treasury that should have cleared up any ambiguity, a letter from the […]