Latest developments from the Office of the Comptroller of the Currency (regulator of national banks)
Promoting responsible innovation in the federal banking system is the aim of virtual innovation office hours set for Dec. 14-15 by the national bank regulator. The Office of the Comptroller of the Currency (OCC) said […]
An Office of Financial Technology will be established in early 2023 by the Office of the Comptroller of the Currency (OCC) to provide strategic leadership, vision, and perspective for the OCC’s financial technology activities and […]
Bank mergers will be the topic of a symposium sponsored Feb. 10 by the national bank regulator to gather public input over regulatory analysis of bank mergers and competition, financial stability, convenience and needs, the […]
Citing a commitment to military families, the Office of the Comptroller of the Currency (OCC) said Tuesday that it joined the Military Spouse Employment Partnership (MSEP), a Department of Defense program that connects military spouses […]
Grounding research in a common definition and concept of “procyclicality” – critical interlinkages between the banking industry and the economy that exacerbated economic conditions and threatened financial stability during the 2007-09 economic crisis – is […]
A $6 million penalty has been assessed against a Michigan bank for originating false or fraudulent mortgage loan applications, the regulator of national banks said Thursday. In a release, the Office of the Comptroller of […]
Interest-rate risk statistics for national banks during the two-year period of September 2020 to last month were published Monday by the regulator of national banks. According to the Office of the Comptroller of the Currency […]
An exemption from certain appraisal requirements for higher-priced mortgage loans will apply to loans of $31,000 or less in 2023 under a rule change announced by the Federal Reserve Board, Consumer Financial Protection Bureau (CFPB), […]
A merger between a San Francisco bank and a Cincinnati bank that will result in a combined institution holding nearly $680 billion in assets has been given a conditional green light by the national bank […]
Calling crypto an “immature industry based on an immature technology,” the regulator of national banks called Tuesday for “guardrails and gates” within the traditional financial system (TradFi) to ensure safety, soundness, and fairness and encourage […]
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