Events listed in OCC Regulations
OCC Issues Annual Report for 2023
ID 26183
The Office of the Comptroller of the Currency (OCC) has published its Annual Report 2023 which primarily informs of the current condition of the federal banking system, the key priorities of the regulator for both the past reporting period and the upcoming one, and of the key actions taken by the regulator to accomplish its goals. As far as the condition of the banking ...
OCC Report Identifies Key Risks Facing Federal Banking System
ID 26116
The Office of the Comptroller of the Currency, OCC, has published its semi-annual risk perspective which describes the current and expected operating environment of financial institutions in the U.S. and outlines the key risks faced by financial institutions in this context (with data provided for the analysis as of June 30, 2023). In brief, these are: (1) operational risks: these risks remain elevated as ...
OCC Releases Virtual Workshop Schedule for Community Bank Directors and Senior ...
ID 26056
The Office of the Comptroller of the Currency (OCC) has released its 2024 schedule of virtual workshops designed specifically for directors, senior management, and key executives of national community banks and federal savings associations. These workshops, led by OCC examiners, are free of charge and aim to offer practical training and guidance to „support the safe and sound operation of community-based financial institutions“. Scheduled ...
Office of the Comptroller of the Currency Fees and Assessments: Calendar Year 2024 ...
ID 26032
The Office of the Comptroller of the Currency (OCC) has published a new bulletin to announce its assessment rates and fee schedule for national banks, federal savings associations, and federal branches and agencies of foreign banks and savings associations for the upcoming year starting January 1, 2024. Highlights of the upcoming fee schedule are as follows: – the OCC will maintain banks‘ general assessment ...
Agencies issue principles for climate-related financial risk management for large ...
ID 25475
On October 24, 2023, the Board of Governors of the Federal Reserve System (FED or Board), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) published a joint press statement to announce the finalization of their Principles for Climate-Related Financial Risk Management for Large Banks. The Principles were meanwhile published in the Federal Register on October 30, ...
OCC Releases Bank Supervision Operating Plan for Fiscal Year 2024
ID 25138
The Office of the Comptroller of the Currency (OCC) has released its Fiscal Year 2024 Bank Supervision Operating Plan, which outlines the Office’s supervisory priorities for the upcoming year. The plan is primarily meant for OCC staff to guide them towards corresponding supervisory activities, but is also a valuable source of information for supervised entities to find out the key priorities of the regulator. ...
OCC Hosts Workshop for Bank Directors and Senior Management in Sioux Falls
ID 25076
The Office of the Comptroller of the Currency (OCC) has published a press statement to announce that it will be hosting a workshop on November 7 and November 8, 2023 in Sioux Falls, South Dakota, primarily addressed at directors, senior management, and key executives of national community banks and federal savings associations. **The workshop entitled „Building Blocks: Developing Strong Management“ takes place on November ...
OCC Hosts Risk Governance and Capital Markets Workshops in Dallas
ID 24888
The Office of the Comptroller of the Currency (OCC) has published a press statement to announce that it will be hosting two workshops on October 24 and October 25, 2023 in Dallas, Texas, primarily addressed at directors, senior management, and key executives of national community banks and federal savings associations. **The first workshop entitled „Risk Governance: Improving Effectiveness“ takes place on October 24, from ...
Accounting: Bank Accounting Advisory Series Updated
ID 24633
The Office of the Comptroller of the Currency (OCC) has published a revised version of the „Bank Accounting Advisory Series“ which is a set of frequently asked questions (FAQs) relating to accounting issues of banks. The FAQs thereby cover issues ranging from the accounting for unrealized gains and losses of banks‘ investments, to the accounting for restructured loan agreements, to the accounting for life ...
OCC Hosts Risk Governance and Capital Markets Workshops in Charlotte
ID 24555
The Office of the Comptroller of the Currency (OCC) has published a press statement to announce that it will be hosting two workshops on September 19 and September 20, 2023 in Charlotte, North Carolina, primarily addressed at directors, senior management, and key executives of national community banks and federal savings associations. **The first workshop entitled „Risk Governance: Improving Effectiveness“ takes place on September 19, ...