Acting OCC Chief Advocates More Regulatory Structure for Cryptocurrency
The pace of innovation in crypto is exciting and industry growth is an opportunity for banks but regulation is needed, ...
Tag: OCC
Fed Clarifies Its Approach to HOLA Flexibility
The Federal Reserve has released a long-awaited set of frequently asked questions regarding its approach with regard to OCC-regulated federal ...
Federal, State Regulators Issue Joint Statement on Recent Tornadoes
With many communities in Kentucky and surrounding states receiving serious damage from severe storms and tornadoes over the weekend, federal ...
OCC: Mortgage Performance Improves in Third Quarter
The share of current and performing first-lien mortgages in the third quarter of 2021 was 95.6%, up from 92.5% a ...
OCC Nominee Withdraws from Consideration
Saule Omarova—President Biden’s nominee to serve as the next comptroller of the currency—today announced that she would withdraw her name ...
OCC Releases 2022 Assessment Schedule
The OCC today released its 2022 assessment schedule, noting that it would maintain the assessment rates established for 2021, with ...
OCC Interpretive Letter Addresses Crypto Activities, Chartering of Trust Banks
In an interpretive letter issued today, the OCC confirmed that national banks and federal savings associations may engage in certain ...
Regulators Planning Crypto Guidance for Banks
Banks can expect additional guidance from regulators over the next year clarifying the types of crypto-related activities they may be ...
Senators Scrutinize OCC Nominee’s Stance on Bank Reg Reform Law
Testifying before the Senate Banking Committee today, Saule Omarova—President Biden’s nominee to serve as the next comptroller of the currency—faced ...
OCC Nominee Takes Softer Stance on ‘Relationship Banking’ in Prepared Testimony
In prepared testimony submitted ahead of her nomination hearing tomorrow, Saule Omarova, President Biden’s nominee for comptroller of the currency, ...
