Search for: "THE COMPTROLLER OF CURRENCY"
Results 1081 - 1100
of 1,637
Sorted by Relevance
|
Sort by Date
FinCEN Targets Community Bank - $1.5 Million Penalty for Failure to File Suspicious Activity Reports
10 Mar 2015, 8:58 am
The penalty is concurrent with a $500,000 penalty and remedies imposed by the Office of the Comptroller of the Currency for related BSA violations. [read post]
20 Jul 2016, 8:04 am
CII expressed its views in a comment letter to the agencies that developed the proposal, which are the SEC, the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corp., the Federal Housing Finance Agency, and the National Credit Union Administration. [read post]
20 Jul 2015, 7:12 am
"Without this understanding, the country risks moving blindly toward the same financial meltdown that plunged the economy into recession seven years ago," the legislators wrote in letters to the Federal Reserve, Office of the Comptroller of the Currency, FDIC, and CFTC.The lawmakers said they had previously sought information from Bank of America, JPMorgan Chase, Citibank, and Goldman Sachs, but the banks provided only incomplete information.Swaps pushout revision. [read post]
31 Oct 2013, 9:44 am
Yesterday, the Office of the Comptroller of the Currency issued OCC Bulletin 2013-29 on Third-Party Relationships. [read post]
5 Feb 2024, 10:00 pm
The Office of the Comptroller of the Currency’s (OCC) recent proposal , released on January 29, 2024, seeks to update the rules for business combinations involving national banks and federal savings associations, and enhance transparency on the agency’s review process for bank mergers under the Bank Merger Act (BMA). [read post]
25 Jan 2021, 1:49 pm
Because the rules below have not yet been published in the Federal Register, the OCC may choose to withdraw them from the Office of the Federal Register for review and approval by an Acting Comptroller of the Currency appointed by President Biden (or a new Comptroller named by President Biden). [read post]
29 Mar 2019, 7:12 am
., and included Brett Redfearn, director of the SEC Division of Trading and Markets; Bob Colby, chief legal officer at FINRA; Morris Morgan, senior deputy comptroller and chief operating officer at the Office of the Comptroller of the Currency; and Dick Walker, partner at King & Spalding. [read post]
25 Jun 2021, 8:52 am
Lawmakers voted 218-210 to pass a Congressional Review Act (CRA) resolution revoking the Office of the Comptroller of the Currency’s (OCC) “true lender” rule with only one Republican voting with 217 Democrats. [read post]
26 Jul 2017, 11:24 am
Arab Bank entered into a consent order with FinCEN and the Office of the Comptroller of the Currency in 2005, and paid a fine for violations of the BSA. [read post]
22 Jan 2019, 9:18 am
Section 502(b) of the Mutual Security Act of 1954 provides that certain local currencies owned by the United States government “shall be made available to Members and employees of the Congress for their local currency expenses when authorized” by congressional leadership. [read post]
28 Dec 2020, 11:45 am
Although not a member of the PWG, the group specifically reached out to Acting Comptroller Brooks for his views on these issues. [read post]
3 May 2021, 7:10 am
The rule disallows “rent-a-bank schemes” where the bank allows its name to be used on loan documents but disclaims any compliance responsibility for loans, as pointed out in a recent letter to the Committee from Blake Paulson, Acting Comptroller of the Currency. [read post]
29 Nov 2020, 9:03 pm
In 2018, the Office of the Comptroller of the Currency (OCC)—the federal agency responsible for issuing charters to national banks and regulating their activities—took the first stab at addressing this problem when it created a “fintech charter. [read post]
24 Jan 2023, 9:02 pm
Because many of these services require “expertise and economies of scale that most banks do not have,” nonbank financial firms have stepped in to fill a digital banking void, according to Acting Comptroller of the Currency Michael J. [read post]
30 Oct 2006, 11:10 pm
According to trade paper reports, (paid subscription required), she's baring her claws and letting the fur fly.New York State Banking Department Superintendent Diana Taylor reiterated criticism of the Office of the Comptroller of the Currency's preemption of state consumer laws, arguing that it has undermined the dual banking system. [read post]
22 Dec 2009, 7:50 am
In connection with the FDIC’s ANPR, the Comptroller of the Currency, John C. [read post]
5 Feb 2012, 7:36 pm
"The bill would, in certain instances, tie the hands of regulators when they believe a bank's risk profile requires more capital," Jennifer Kelly, the Office of the Comptroller of the Currency's senior deputy comptroller for midsize and community bank supervision, said in testimony to the House subcommittee on financial institutions and consumer credit [read post]
4 Oct 2021, 12:28 pm
In late August, the Office of the Comptroller (“OCC”) entered into a consent order [1] with a national banking association, Cadence Bank, over what it alleged were violations of the Fair Housing Act during the 2014-2016 time period. [read post]
10 Feb 2010, 1:41 pm
Most regulators are aware of the compliance burden that the new initiatives impose, he noted, but see this as necessary to restoring investor trust and confidence in the market.Also speaking at the securitization forum, Comptroller of the Currency John Dugan said that securitization works on different levels and there is simply no credible replacement for it. [read post]
25 Jul 2019, 8:49 pm
In Data Processing, for example, the petitioners – organizations who sold data processing services to businesses – challenged a ruling by the Comptroller of Currency that allowed national banks to provide data processing services to other banks and bank customers. [read post]
