Latest developments from the Office of the Comptroller of the Currency (regulator of national banks)
A $15 million civil money penalty (CMP) was assessed against a large San Francisco bank early last month for engaging in deceptive practices before it merged out of business, the regulator of national banks revealed […]
Trading revenue was up $8 billion to $17.6 billion in the first quarter of the year for banks and savings associations from the fourth quarter of 2022, the regulator of national banks said Thursday, representing […]
Operational and compliance risks are elevated at the nation’s banks, and credit risk – while moderate – shows signs of increasing stress, according to a report issued Wednesday by the regulator of national banks. In […]
Federal banking agencies have adopted some of the revisions proposed in February to the call report filed by federally supervised banking organizations but will make those effective as of the Sept. 30, 2023, report date […]
Two workshops covering credit risk and operational risk and targeted to national bank and federal savings association directors are scheduled July 18-19 in Minneapolis by the Office of the Comptroller of the Currency (OCC). The […]
Establishing a “rich set of data points and measurements capturing trends in and drivers of the consumers’ trust in banking” is the goal of a public survey proposed Friday by the regulator of national banks, […]
Reconsiderations of value (ROVs) for residential real estate valuations that allow consumers to provide financial institutions with information that may not have been considered during an appraisal, or if deficiencies are identified in the original […]
Topics of interest to the mutual savings association industry will be discussed publicly during a June 27 advisory committee meeting at the Office of the Comptroller of the Currency (OCC). The OCC’s Mutual Savings Association […]
Workshops on risk governance and capital markets are on tap July 11-12 in Denver by the regulator of national banks, the agency said Wednesday. The workshops are geared toward directors, senior management and other key […]
Guidance for banks establishing principles to consider when developing and implementing risk management practices governing their third-party relationships was issued Tuesday by the three federal banking agencies. The guidance, however, is not without some controversy, […]
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