Title: | Activities and Operations of National Banks and Federal Savings Associations |
Subject: | Bank, FSA operations |
Agency: | OCC |
Status: | Final rule |
Summary: |
The Office of the Comptroller of the Currency is issuing a final rule to revise and reorganize its regulations relating to the activities and operations of national banks and Federal savings associations and to amend its rules relating Federal savings association corporate governance. This rule clarifies and codifies recent OCC interpretations, integrates certain regulations for national banks and Federal savings associations, and updates or eliminates outdated regulatory requirements that no longer reflect the modern financial system. Additionally, this rule includes related technical changes throughout these and other OCC regulations. |
FR Doc: | 2020-26225 |
Date proposed: | June 4, 2020 |
Comments due date: | Aug. 3, 2020 |
Effective date: |
April 1, 2021 |
Rule compliance date: | |
Agency release: | |
Related Reg Report item(s): | In twin proposals, OCC looks to update rules, seek comments on digital activities |