Events listed in [OCC] Office of the Comptroller of the Currency
Telephone Consumer Protection Act: Revised Interagency Examination Procedures and ...
ID 25609
The Office of the Comptroller of the Currency, OCC, has issued a press release to inform that it has updated the procedures relating to „Telephone Consumer Protection Act (TCPA) Exam“ in the Comptroller’s Handbook, specifically in the „Other Consumer Protection Laws and Regulations” booklet. The revisions reflect the amendments made to the TCPA in 2021 and cover issues such as – procedures for customers ...
Agencies Extend Comment Period on Proposed Rules to Strengthen Large Bank Capital ...
ID 25429
In view of their joint ongoing consultation on a new rule to modify the capital requirements of large financial institutions in the U.S. (please see EventID 22526 and EventID 23018 in this context for more information), the key U.S. banking regulators – the Office of the Comptroller of the Currency (OCC), the Federal Deposit Insurance Corporation (FDIC), and the Board of Governors of the ...
Interest Rate Risk: Interest Rate Risk Statistics Report
ID 25395
On October 19, 2023, the Office of the Comptroller of the Currency (OCC) issued a press statement to inform that it has published its latest Interest Rate Risk (IRR) Statistics Report which is released semi-annually and based on data gathered during „examinations of OCC-supervised midsize and community banks and federal savings associations“. The report does not reflect any expectations of the OCC, but rather ...
OCC to Host Symposium on the Tokenization of Real-World Assets and Liabilities
ID 25389
The Office of the Comptroller of the Currency (OCC) has announced an upcoming „Symposium on the Tokenization of Real-World Assets and Liabilities“ at the OCC’s headquarter in Washington, DC on February 8, 2024. The symposium aims to facilitate public discussion on the potential benefits of tokenizing real-world financial assets and liabilities to enhance financial settlement efficiency and reliability. The event will feature a keynote ...
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. ...
Lease Financing: Revised Comptroller’s Handbook Booklet and Rescissions
ID 25088
The Office of the Comptroller of the Currency (OCC) has published a revised Lease Financing booklet addressed at institutions engaged in lease financing. This booklet – which first presents the general concept of lease financing, outlines corresponding regulations, and notes lease financing-related restrictions – focuses on identifying and analyzing risks of (covered) institutions associated with lease financing. Such risks range from credit and liquidity ...
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 ...
Acting Comptroller Issues Statements at FDIC Board Meeting on Proposals to Improve ...
ID 24750
The Office of the Comptroller of the Currency (OCC) has published various statements made by the Acting Comptroller of the OCC, Michael J. Hsu, on recently published drafts or „announcements of proposed rulemaking“ in which he expressed his strong support for the proposals. These rules aim to enhance financial stability and the ability to resolve large banks. Specifically, Mr. Hsu endorsed rules establishing a ...
Federal and State Financial Regulatory Agencies Issue Interagency Statement on ...
ID 24662
As a result of the recent wildlife fires in Hawaii, the OCC, along with other agencies, has proposed a temporary relief program, realizing that not all individuals and/or institutions are capable of fulfilling the requirements of reporting or disclosure. The main points covered are: – Lending The agencies are calling for modification of loan agreements between lending banks and customers where necessary, in light ...