OCC, FDIC release guidance on lending, undocumented workers
Lending to individuals who are not legally authorized to work in the U.S. may present elevated credit risk to financial ...
Tag: OCC
OCC releases mortgage performance report for Q1 2026
The OCC released the first quarter 2026 mortgage metrics report, which showed that 97.7% of first-lien mortgages in the federal ...
OCC proposes Bank Secrecy Act, sanctions requirements for stablecoin issuers
OCC proposed regulations to implement Bank Secrecy Act and sanctions requirements for payment stablecoin issuers. The rulemaking was issued in ...
OCC seeks to clarify procedures for approving, denying filings
The OCC issued a bulletin to clarify its standards for approving or denying filings, stating that “it is important that ...
OCC revises how it designates minority depository institutions
The OCC has amended the criteria it uses to designate financial institutions as minority depository institutions, including the removal of ...
Former comptrollers warn against state erosion of federal banking powers
States are increasingly seeking to regulate activities that have historically fallen within the domain of federal supervision, and that threatens ...
ABA urges OCC to coordinate with other regulators on stablecoin
The OCC needs to coordinate with other federal agencies to ensure that all stablecoin issuers are subject to the same ...
OCC publishes draft reporting forms for stablecoin issuers
The OCC has released for public review draft forms that will be used to collect information from payment stablecoin issuers ...
ABA seeks level playing field in stablecoin regulation
ABA urged the FDIC to harmonize its proposed rulemaking to implement the Genius Act with rules put forward by other ...
NCUA adopts rule to assert federal preemption over state interchange laws
The NCUA is issuing an interim final rule to clarify the powers of federal credit unions to charge certain fees, ...
