Latest developments from the Office of the Comptroller of the Currency (regulator of national banks)
A bulletin for banks and examiners that conveys sound risk management principles related to engagement with Small Business Administration (SBA) guaranteed lending programs was issued Thursday by the Office of the Comptroller of the Currency […]
Supplemental exam procedures on remittance transfers were issued Monday by the regulator of national banks, permanently allowing smaller institutions (those under $10 billion) to estimate certain fees and exchange rates when making disclosures to their […]
Three out of the 14 banks whose Community Reinvestment Act (CRA) performance evaluation ratings were publicly available in July were rated “outstanding,” with the remaining 11 rated “satisfactory,” a federal banking regulator said Tuesday. The […]
Congress should revise recently adopted statutes on brokered deposits, and it should give the credit union regulator authority to examine (and enforce actions) over third-party vendors, two federal financial institution regulators said Tuesday in congressional […]
A couple frequently asked questions (FAQs) on the impact of the transition away from LIBOR (London Interbank Offered Rate) on regulatory capital instruments were issued Thursday by the federal agencies that charter banks and thrifts […]
Three federal bank and credit union regulators are slated to testify next Tuesday before a Senate Banking Committee hearing, “Oversight of Regulators: Does our Financial System Work for Everyone?” Those scheduled to testify include Todd […]
Climate change and its impact on the risk it presents to national banks took a bigger role Tuesday with the appointment by the banks’ regulator of a climate change risk officer and membership in a […]
Proposed clarifications to call report instructions for reporting of deferred tax assets are out for comment until Sept. 20, the agencies said in a recent Federal Register notice. The proposal, issued by the Federal Deposit […]
Title: Credit Risk Retention-Notification of Extension of Review Period Subject: Mortgage credit risk retention Agency: FDIC, Federal Reserve, OCC Status: Review of regulations Summary: The OCC, Board, FDIC, Commission, FHFA, and HUD (the agencies) are […]
A required review of credit risk retention requirements affecting federally insured banks and thrifts that securitize residential mortgage loans has been extended to Dec. 20 by federal banking, housing-finance, and securities regulators. The credit risk […]
Copyright (c) 2022, RegReport.info; Contact: editor@regreport.info