OCC Updates Guidance on Oil, Gas Lending

The OCC today updated its Comptroller’s Handbook with a revised booklet on oil and gas exploration and production lending. The update guidance provides more detailed guidance on prudent risk management practices for banks making these types of loans and outlines regulatory expectations, with special attention to lending for upstream oil and gas businesses.

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About Author

Monica C. Meinert

Monica C. Meinert is deputy editor of the ABA Banking Journal and editorial director at the American Bankers Association, where she oversees ABA Daily Newsbytes.