Federal District Court Upholds OCC, FDIC’s ‘Valid-When-Made’ Rules
A federal district court on Tuesday upheld the OCC’s and FDIC’s “valid-when-made” rules in separate rulings. The agencies’ rules had ...
Tag: Valid-when-made
OCC Issues Interpretive Letter on Preemption Standards
The Office of the Comptroller of the Currency issued an interpretive letter last Friday that sets out how it interprets ...
Acting Comptroller to Focus on Innovation, Fintech
Acting Comptroller of the Currency Brian Brooks will focus on promoting “responsible innovation” in the banking sector and continuing OCC ...
OCC Issues Long-Awaited Final Rule Clarifying ‘Valid When Made’ Principle
The OCC issued a long-awaited final rule today affirming that permissible interest on a loan made by a national bank ...
ABA Welcomes FDIC’s Proposal to Codify ‘Valid When Made’ Principle
ABA today expressed support for the FDIC’s proposal to codify that permissible interest on loans made by state-chartered banks and ...
ABA Welcomes OCC’s Proposal to Codify ‘Valid When Made’ Principle
ABA yesterday expressed support for the OCC’s long-awaited regulatory solution affirming that permissible interest on a loan made by a ...
A Surge of Support for ‘Valid When Made’
Signs of moxie from the OCC and FDIC? The agencies are wading into the preemption waters to defend the “valid ...
FDIC Votes to Codify ‘Valid-When-Made’ Principle
Following action by the OCC yesterday, the FDIC proposed a rule stipulating that interest rates valid when the loan is ...
OCC Proposes to Codify ‘Valid-When-Made’ Principle
Providing a long-awaited regulatory solution to court rulings challenging the principle, the OCC today proposed that interest rates valid when ...
ABA Issues Policy Recommendations on Fintech
As the Treasury prepares to issue its report on nonbank fintech issues, ABA today released a white paper featuring several ...
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