Search for: "Office of the Comptroller of the Currency Compliance Management"
Results 101 - 120
of 153
Sorted by Relevance
|
Sort by Date
21 Jan 2021, 9:06 am
As noted in this space earlier in the month, the Office of the Comptroller of the Currency (OCC) said that banks can utilize stablecoins in transactions, among other banking activities. [read post]
27 Sep 2022, 9:04 pm
And when the Office of the Comptroller of the Currency took a role in vetting appointments of new executive hires, that also got their attention. [read post]
11 Jan 2016, 4:01 pm
Prominent lead arrangers in the syndicated loan market should expect inquiries from any number of potential government authorities, including the Federal Reserve, the Office of the Comptroller of the Currency (the “OCC“), the Federal Deposit Insurance Corporation (the “FDIC“) and state authorities such as attorneys general and financial supervisory agencies. [read post]
31 May 2023, 9:01 pm
Here is a closer look at the events that led to the $1 billion settlement: In 2016, the Consumer Financial Protection Bureau (“CFPB”) and the Office of the Comptroller of the Currency (“OCC”) fined Wells Fargo $135 million for secretly opening deposit and credit card accounts without its customers’ authorizations. [read post]
26 Jun 2011, 8:41 am
Moreover, a recipient must also report loan volumes to the Department of Treasury on a monthly basis and prepare a quarterly report for the Office of the Comptroller of Currency describing any changes in management, use of TARP funds, and forward planning. [read post]
17 May 2011, 12:25 pm
The seven agencies involved in the joint rulemaking process include the Office of the Comptroller of the Currency, the Federal Reserve Board, the Federal Deposit Insurance Corporation, the Office of Thrift Supervision, the National Credit Union Administration, the Securities and Exchange Commission, and the Federal Housing Finance Agency. [read post]
9 Jul 2021, 10:11 am
Swedish Watchdog to Investigate Klarna for Bank Secrecy BreachReuters – July 5, 2021 State regulators and the Office of the Comptroller of the Currency have agreed to a temporary truce in their court battle over a controversial charter application, but analysts caution that the underlying conflict over fintechs’ pursuit of banking powers is far from resolved. [read post]
12 Jan 2021, 9:58 am
The Bureau should (1) conduct research on whether the ECOA should be amended to include disability as a prohibited basis, (2) modernize Regulation B in various areas such eliminating the ban on questions about plans for childbearing, the prohibition on considering whether an applicant has a telephone listing in the applicant’s name, and the requirement for a creditor to consider the credit history of accounts in a spouse’s name for which the applicant is not contractually liable… [read post]
24 Aug 2022, 9:01 pm
On December 16, 2021, the Office of the Comptroller of the Currency (“OCC”) announced draft principles “designed to support the identification and management of climate-related financial risks with more than $100 billion in total consolidated assets,”[19] and the OCC requested feedback from market participants on all aspects of the draft principles to inform future guidance on climate-related financial risk. [read post]
30 Mar 2020, 3:03 am
At the same time, the FDIC and Office of the Comptroller of the Currency issued a joint statement allowing banking organizations to mitigate the effects of CECL in their regulatory capital for up to two years. [read post]
28 Feb 2017, 7:03 am
” If federal financial institution regulators – including the Federal Reserve, Office of the Comptroller of the Currency (OCC), and National Credit Union Administration (NCUA), as well as the FDIC – issued specific, concrete guidance stating in more detail that small-dollar lending would not inherently trigger undue fair lending scrutiny, and discussing concrete ways that such loans could be made while meeting compliance and safety and soundness… [read post]
16 Aug 2015, 3:53 pm
The six agencies that released their standards are the Federal Reserve Board, the Consumer Financial Protection Bureau (CFPB), the Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration (NCUA), the Office of Comptroller of the Currency (OCC), and the Securities and Exchange Commission (SEC). [read post]
8 Nov 2023, 9:05 pm
In contrast, CITs are set up by banks or trust companies, available to individuals only through employer-sponsored retirement plans, and regulated primarily by the Office of the Comptroller of the Currency (OCC) and, in some cases, by the Department of Labor (DOL). [read post]
8 Dec 2020, 2:29 pm
Allocate time for identity and access management controls (IAM): Given the current work from home environment, coupled with the approximately fifteen (yes, 15) billion credentials available on the Dark Web, a major threat to corporate networks is “unauthorized access. [read post]
21 Apr 2022, 9:01 pm
In the banking sector, the Office of the Comptroller of the Currency (OCC)[8] and the Federal Deposit Insurance Corporation (FDIC)[9] have released substantially the same proposed principles for climate-related financial risk management, which are designed to provide large banking institutions (those with over $100 billion in total consolidated assets) subject to their respective regulation with a high-level framework for managing climate-related… [read post]
9 Sep 2020, 11:41 am
As we observed only last Term, that practice extends to the judgments of the Comptroller of the Currency with regard to the meaning of the banking laws. [read post]
15 Nov 2015, 9:30 pm
Second, Congress should create a new prudential supervisory agency which would consolidate the supervisory responsibilities of the Federal Deposit Insurance Corporation, the Federal Reserve, the Office of the Comptroller of the Currency, as well as those of the U.S. [read post]
12 Sep 2018, 8:05 am
Remarkably, just hours after the release of the Report, Comptroller of the Currency Joseph M. [read post]
4 Jan 2019, 5:10 am
These trends create two distinct problems for chief information security officers (CISOs) and chief technology officers (CTOs). [read post]
28 Apr 2022, 5:04 pm
Compliance date: May 1, 2022. [read post]
