Note to Editors

This is the first in a periodic series of informal letters from the Office of the Comptroller of the Currency's (OCC) Senior Deputy Comptroller for Bank Supervision Policy, Emory W. Rushton, to national bank chief executive officers discussing a variety of banking issues. This letter notes that the OCC is currently preparing guidance for banks on allowance for loan and lease losses, asset securitization, and internal controls.

To follow up on any of these issues, please call the OCC press office at (202) 874-5570.