OCC: Legal and Regulatory

This page provides a topical view of OCC News Releases, speeches and testimony of particular legal and regulatory interest for the past six months. What's New maintains a comprehensive listing of all items in a historical database.

Archived News Articles
Bank Secrecy Act/Anti-Money Laundering
Capital
Community Development
Compliance, Consumer
Corporate Governance & Structure
Derivatives
Enforcement Actions
Lending
Other Banking Activities
Regulations
Risk Management
Speeches and Testimony

Topic	Date	Item
Bank Secrecy Act/Anti-Money Laundering	03/05/2010	The OCC, the United States federal banking supervisors, the Financial Crimes Enforcement Network, and the Securities and Exchange Commission, in consultation with the Commodity Futures Trading Commission, have issued interagency guidance entitled "Guidance on Obtaining and Retaining Beneficial Ownership Information." OCC Bulletin 2010-11, Guidance (PDF 54KB)
Capital	12/17/2009	The Basel Committee on Banking Supervision released for comment new proposals that aim to strengthen the resiliency of the banking sector through new capital and liquidity standards. News Release 2009-160, Proposals, Comments should be e-mailed to: regs.comments@occ.treas.gov. Please use the subject: New proposals that aim to strengthen the resiliency of the banking sector through new capital and liquidity standards, when emailing.
Capital	12/04/2009	The OCC appointed the FDIC receiver for First Security National Bank, Norcross, Georgia. News Release 2009-150
Capital	12/04/2009	The OCC, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of Thrift Supervision published in the Federal Register on November 20, 2009, a final rule concerning the risk-based capital treatment for one-to-four family residential mortgages modified under the U.S. Treasury Department's Home Affordable Mortgage Program. OCC Bulletin 2009-35, Final Rule
Capital	10/02/2009	The Office of the Comptroller of the Currency appointed the Federal Deposit Insurance Corporation as receiver for Southern Colorado National Bank, Pueblo, Colorado. News Release 2009-119
Capital	09/11/2009	OCC appoints receiver for Corus Bank, N.A. News Release 2009-105
Capital	08/26/2009	Agencies seek comment on proposed Regulatory Capital Standards related to adoption of FASB Statements of Financial Accounting Standards Nos. 166 and 167. News Release 2009-101, Proposed Regulatory Capital Rule. (PDF 200KB) Comments should be e-mailed to: regs.comments@occ.treas.gov. Please use the subject "Docket No. R-1368" when e-mailing.
Capital	07/06/2009	Request for comments on proposed Interagency Liquidity Guidance. OCC Bulletin 2009-21, Interagency Guidance, Comments should be e-mailed by September 4, 2009, to: regs.comments@occ.treas.gov. Please use the subject "Proposed Interagency Guidance-Funding and Liquidity Risk Management" when e-mailing.
Capital	06/30/2009	The federal bank, thrift, and credit union regulatory agencies seek comment on the proposed Interagency Guidance on Funding and Liquidity Risk Management. News Release 2009-78, Interagency Guidance on Funding and Liquidity Risk Management (PDF 314KB), Comments
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Community Development	03/01/2010	The OCC released its schedule of Community Reinvestment Act (CRA) examinations to be conducted in the second quarter of 2010. News Release 2010-25, CRA examination schedule (PDF 19KB)
Community Development	01/14/2010	The OCC released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of December 15, 2009 through January 14, 2010. News Release 2010-4, Evaluations
Community Development	12/22/2009	The federal bank regulatory agencies announced the annual adjustment to the asset-size thresholds used to define "small bank," "small savings association," "intermediate small bank," and "intermediate small savings association" under the Community Reinvestment Act (CRA) regulations. News Release 2009-165, Announcement (PDF 46KB)
Community Development	11/24/2009	The OCC released the fall 2009 edition of Community Developments focusing on bank strategies to mitigate the impacts of foreclosed properties on communities across the country. News Release 2009-147, Community Developments (PDF 1.4MB)
Community Development	09/24/2009	OCC Receives National Association of State and Local Equity Funds (NASLEF) Leadership Award. News Release 2009-113
Community Development	09/17/2009	OCC releases CRA evaluations for 35 national banks. News Release 2009-107, CRA evaluations
Community Development	08/26/2009	The OCC released a list of Community Reinvestment Act (CRA) performance evaluations. News Release 2009-100, CRA Evaluations
Community Development	08/06/2009	The OCC published a Community Developments Insights report that provides bankers an overview the FHA's 203(k) Home Rehabilitation Mortgage Insurance. News Release 2009-91, Insights (PDF)
Community Development	06/12/2009	The OCC, along with the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of Thrift Supervision, recently announced a list of distressed or underserved nonmetropolitan middle-income geographies. OCC Bulletin 2009-18, List (PDF)
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Compliance, Consumer	11/13/2009	The federal bank and thrift regulatory agencies issue final rule for mortgage loans modified under The Home Affordable Mortgage Program. News Release 2009-140, Final Rule (PDF)
Compliance, Consumer	06/11/2009	Agencies issue frequently asked questions on Identity Theft Rules. News Release 2009-65, FAQs (PDF)
Compliance, Consumer	06/01/2009	The Federal Financial Institution Regulatory agencies propose a rule to implement S.A.F.E. Act Mortgage Loan Originator Registration requirements News Release 2009-58, Proposed Rules (PDF 654KB), Comments
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Corporate Governance & Structure	06/15/2009	Comptroller of the Currency John C. Dugan said that a paper released provides valuable information on the use of credit ratings. News Release 2009-66, Stocktaking on the use of credit ratings (PDF)
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Derivatives	12/18/2009	The OCC reports a decline in derivatives credit exposures. News Release 2009-161, Quarterly Report on Bank Trading and Derivatives Activities. (PDF 227KB)
Derivatives	09/25/2009	OCC reports second quarter bank trading revenue of $5.2 billion. News Release 2009-114, OCC's Quarterly Report on Bank Trading and Derivatives Activities (PDF 304KB)
Derivatives	06/26/2009	OCC reports first quarter bank trading revenue of $9.8 billion. News Release 2009-72, OCC's Quarterly Report on Bank Trading and Derivatives Activities (PDF)
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Enforcement Actions	12/18/2009	The OCC released new enforcement actions taken against national banks and individuals currently and formerly affiliated with national banks. News Release 2009-162, OCC Enforcement Actions
Enforcement Actions	11/20/2009	The OCC released new enforcement actions taken against national banks and individuals currently and formerly affiliated with national banks. News Release 2009-144, OCC Enforcement Actions
Enforcement Actions	09/18/2009	The OCC released new enforcement actions taken against national banks and individuals currently and formerly affiliated with national banks. News Release 2009-108, OCC Enforcement Actions
Enforcement Actions	08/21/2009	The OCC released new enforcement actions taken against national banks and individuals currently and formerly affiliated with national banks. News Release 2009-97, OCC Enforcement Actions
Enforcement Actions	07/27/2009	Comptroller of the Currency John C. Dugan issued a final decision on Carlos Loumiet, Esq., former counsel to Hamilton Bank, NA (closed), Miami, Florida. Final Decision (PDF)
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Lending	01/20/2010	The OCC, along with the other members of the Federal Financial Institutions Examination Council, recently released proposed guidance on reverse mortgage products. OCC Bulletin 2010-3, Proposed Guidance (PDF 137KB)
Lending	12/21/2009	OCC and OTS release Mortgage Metrics Report for third quarter 2009. News Release 2009-163, OCC and OTS Mortgage Metrics Report for the Third Quarter 2009 (PDF 576KB).
Lending	10/30/2009	The Comptroller of the Currency, along with the other federal financial regulators and FFIEC’s State Liaison Committee (representing state regulatory agencies), adopted and issued a policy statement on prudent commercial loan workouts. Release 2009-128, Policy Statement on Prudent Commercial Real Estate Loan Workouts (PDF 990KB)
Lending	09/30/2009	Actions to keep Americans in their homes grew by almost 22 percent during the second quarter of 2009, according to a report by the OCC and the OTS. News Release 2009-118, Mortgage Metrics Report for the Second Quarter 2009. (PDF 346KB)
Lending	09/25/2009	OCC releases consumer advisory on "Reverse Mortgages." News Release 2009-115, "Reverse Mortgages: Are They for You?" (PDF)
Lending	09/24/2009	Credit quality declined sharply for loan commitments of $20 million or more held by multiple federally supervised institutions, according to the 32nd annual review of Shared National Credits (SNC). News Release 2009-111, Annual Review of Shared National Credits (PDF 1.1MB)
Lending	09/24/2009	Comptroller of the Currency John C. Dugan defends strong national standards for financial providers. Release 2009-112, Remarks (PDF), OCC Paper on Worst 10 Mortgage Originators (PDF)
Lending	08/26/2009	Certain provisions of the Credit Card Accountability Responsibility and Disclosure Act of 2009, Pub. Law No. 111-24 (Credit CARD Act), became effective August 20, 2009. News Release 2009-99, Rules (PDF 263KB)
Lending	08/19/2009	OCC to host web and telephone seminar on SBA Lending Programs and the American Recovery and Reinvestment Act of 2009. News Release 2009-96
Lending	07/30/2009	On May 22, 2009, the Credit Card Accountability Responsibility and Disclosure Act of 2009 (Credit CARD Act) was signed into law. OCC Bulletin 2009-25
Lending	07/20/2009	Final Rule: Accuracy and integrity of consumer report information and direct consumer dispute regulations and guidelines. OCC Bulletin 2009-23, Federal Register (PDF), Comments should be e-mailed by July 30, 2009, to: regs.comments@occ.treas.gov. Please use the subject ''Risk-Based Capital Guidelines-Residential Mortgage Loans Modified Pursuant to the Making Home Affordable Program" when e-mailing.
Lending	07/10/2009	The OCC published in the Federal Register on June 30, 2009, an interim final rule concerning the risk-based capital treatment for one-to-four family residential mortgages modified under the U.S. Treasury Department's Making Home Affordable Program. OCC Bulletin 2009-22, Interim Final Rule (PDF 746KB), Comments should be e-mailed by July 30, 2009, to: regs.comments@occ.treas.gov. Please use the subject ''Risk-Based Capital Guidelines-Residential Mortgage Loans Modified Pursuant to the Making Home Affordable Program" when e-mailing.
Lending	06/29/2009	OCC and OTS release mortgage metrics report for first quarter 2009. News Release 2009-77, Mortgage Metrics Report (PDF 746KB)
Lending	06/29/2009	Banking agencies issue host state loan-to-deposit ratios. News Release 2009-76, Host state loan-to-deposit ratios (PDF)
Lending	06/29/2009	Agencies issue interim final rule for mortgage loans modified under the Making Home Affordable program. News Release 2009-73, Interim Final Rule (PDF)
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Other Banking Activities	12/15/2009	The OCC launches financial literacy campaign in partnership with Univision Communications Inc. News Release 2009-157
Other Banking Activities	12/01/2009	Notice of Comptroller of the Currency fees for year 2010. OCC Bulletin 2009-34
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Regulations	01/21/2010	The federal banking and thrift regulatory agencies announced the final risk-based capital rule related to the Financial Accounting Standards Board's adoption of Statements of Financial Accounting Standards Nos. 166 and 167. News Release 2010-6, Final Risk-Based Capital Rule (PDF 342KB)
Regulations	01/08/2010	Joint Forum Release of Review of the Differentiated Nature and Scope of Financial Regulation. News Release 2010-2, Review of the Differentiated Nature and Scope of Financial Regulation - Key Issues and Recommendations
Regulations	12/11/2009	The OCC appoints receiver for Valley Capital Bank, National Association. News Release 2009-156
Regulations	12/11/2009	OCC appoints receiver for Republic Federal Bank, N.A. News Release 2009-155
Regulations	12/17/2009	The OCC and the U.S. federal banking supervisors, in consultation with Office of Foreign Assets Control and Financial Crimes Enforcement Network, have issued interagency guidance entitled "Transparency and Compliance for U.S. Banking Organizations Conducting Cross-Border Funds Transfers." OCC Bulletin 2009-36, Guidance (PDF 59KB), Paper
Regulations	11/20/2009	The OCC and other federal regulators of financial services providers have issued uniform final rules amending their regulations to include a model privacy notice that institutions can use at their option to provide initial and annual privacy notices to their customers, as required by the Gramm-Leach-Bliley Act (GLBA). OCC Bulletin 2009-33, Final Rule (PDF)
Regulations	11/12/2009	The federal bank and thrift regulatory agencies announced they are reopening the comment period on proposed guidance on correspondent concentration risks, originally published on September 25. News Release 2009-139, Reopened the Comment Period (PDF), Originally Published on September 25 (PDF). Comments should be e-mailed to: regs.comments@occ.treas.gov. Please use the subject “docket number ID OTS-2009-0016” when e-mailing.
Regulations	09/28/2009	Request for comment: Proposed Interagency Guidance on Correspondent Concentration Risks. OCC Bulletin 2009-31, Proposed Interagency Guidance, Comments should be e-mailed to: regs.comments@occ.treas.gov. Please use the subject “Proposed Interagency Guidance on Correspondent Concentration Risks” when e-mailing.
Regulations	09/18/2009	Regulatory Capital – FAS 166/167 and ABCP Conduits. OCC Bulletin 2009-30, Proposed Rule (PDF), Comments should be e-mailed to: regs.comments@occ.treas.gov. Please use the subject “Regulatory Capital – FAS 166/167 and ABCP Conduits” when e-mailing.
Regulations	07/20/2009	The Federal Reserve Board, The Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation recently issued updated host-state loan-to-deposit ratios. OCC Bulletin 2009-24, Ratios (PDF)
Regulations	07/08/2009	Agencies issue statement on California registered warrants. News Release 2009-81, Interagency Guidance (PDF)
Regulations	06/17/2009	Revision to FDIC Rule 12 CFR 360. OCC Bulletin 2009-19, Rule (PDF)
Regulations	06/10/2009	The OCC approves final rules and guidelines implementing accuracy and integrity provisions of the FACT Act. News Release 2009-64, Final Rules and Guidelines (PDF 4.3MB), Comments
Regulations	06/09/2009	S.A.F.E. Act Mortgage Loan originator registration requirements. OCC Bulletin 2009-17, Joint Proposed Rule (PDF), Comments
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Risk Management	03/02/2010	Risk weight for FDIC claims and guarantees. OCC Bulletin 2010-10
Risk Management	01/07/2010	The Federal Financial Institutions Examination Council (FFIEC) released an advisory reminding institutions of supervisory expectations for sound practices to manage interest rate risk (IRR). News Release 2010-1, Advisory (PDF 71KB)
Risk Management	09/29/2009	Joint Forum final release of a Report on Special Purpose Entities. News Release 2009-116, Report on Special Purpose Entities
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Speeches and Testimony	03/01/2010	Comptroller of the Currency John C. Dugan said that the central challenge for bank regulators over the coming year will be to strike the right balance between capital and credit availability. News Release 2010-26, Remarks (PDF 41KB)
Speeches and Testimony	01/21/2010	Senior Deputy Comptroller Jennifer C. Kelly testifies on the Supervision of National Banks. News Release 2010-7, Written (PDF 23KB), Oral (PDF 42KB)
Speeches and Testimony	01/12/2010	Comptroller of the Currency John C. Dugan discussed an Advance Notice of Proposed Rulemaking on Executive Compensation at a meeting of the Federal Deposit Insurance Corporation's Board of Directors. News Release 2010-3, Statement (PDF 18KB)
Speeches and Testimony	12/15/2009	Statement of Comptroller Dugan on the FDIC's Advance Notice of Proposed Rulemaking (ANPR) on Securitizations. News Release 2009-158, Statement (PDF 31KB)
Speeches and Testimony	12/08/2009	Senior Deputy Comptroller testifies on the State of Loan Modifications. News Release 2009-153, Testimony (PDF 147KB), Statement (PDF 34KB)
Speeches and Testimony	11/30/2009	OCC Deputy Comptroller testifies on responsible lending. News Release 2009-149, Testimony (PDF)
Speeches and Testimony	11/12/2009	Statement of Comptroller of the Currency John C. Dugan following tour of San Francisco Small Businesses. News Release 2009-138
Speeches and Testimony	11/05/2009	The Office of the Comptroller of the Currency's Chief of Staff and Public Affairs John G. Walsh delivered remarks before attendees of the National Community Investment Fund's Annual Development Banking Conference in Chicago. News Release 2009-136, Remarks (PDF)
Speeches and Testimony	10/29/2009	Comptroller of the Currency John C. Dugan testified before the House Financial Services Committee on the Discussion draft of the Financial Stability and Improvement Act. News Release 2009-127, Oral Statement (PDF), Written Statement (PDF)
Speeches and Testimony	10/14/2009	Comptroller of the Currency John C. Dugan’s testimony on the current condition of the national banking system before the senate subcommittee on financial institutions. Testimony (PDF)
Speeches and Testimony	10/14/2009	Comptroller of the Currency John C. Dugan tells senate panel that national banks have capacity to withstand declining asset quality. Release 2009-120, Oral Statement (PDF), Written Statement (PDF)
Speeches and Testimony	09/29/2009	Comptroller of the Currency John C. Dugan's statement at a meeting of the FDIC on a set of proposals that would raise funds for liquidity needs through a prepaid assessment. News Release 2009-117
Speeches and Testimony	09/23/2009	Comptroller of the Currency John C. Dugan testifies on Regulatory Reform. New Release 2009-110, Statement
Speeches and Testimony	08/26/2009	Comptroller of the Currency John Dugan described the interagency efforts to encourage community reinvestment and help banks meet their community development goals. News Release 2009-98, Remarks
Speeches and Testimony	08/06/2009	OCC issues a statement in support of responsible loss mitigation activities aimed at preserving homeownership. News Release 2009-92, Statement
Speeches and Testimony	08/04/2009	Comptroller of the Currency John Dugan testified before the Senate Committee on Banking, Housing, and Urban Affairs on the administration's proposal for financial regulatory restructuring. News Release 2009-90, Final Decision (PDF)
Speeches and Testimony	07/24/2009	Comptroller of the Currency John Dugan expresses support and concerns to Congress on regulatory reform plan and proposed Consumer Financial Protection Agency. News Release 2009-88, Testimony (PDF)
Speeches and Testimony	06/29/2009	Comptroller of the Currency John L. Dugan issues a statement on the Supreme Court decision in Cuomo v. Clearing House Association News Release 2009-75
Speeches and Testimony	06/29/2009	OCC Deputy Comptroller for Compliance Policy testifies before Senate Special Committee on Aging. News Release 2009-74, Statement (PDF), Testimony (PDF)
Speeches and Testimony	06/18/2009	OCC's Chief of Staff addresses the National Association of Real Estate Editors. News Release 2009-67, Speech (PDF)
Speeches and Testimony	06/08/2009	Comptroller of the Currency John C. Dugan urges more consumer protections for reverse mortgages. News Release 2009-61, Remarks (PDF)
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