OCC Clarifies Bank Authority to Engage in Crypto-Asset Custody and Execution Services

The Office of the Comptroller of the Currency (OCC) issued Interpretive Letter 1184, clarifying the authority of national banks and federal savings associations to buy and sell assets held in custody on... Read more »

OCC Removes Reputation Risk from Bank Supervisory Examinations

The Office of the Comptroller of the Currency (OCC) announced that is no longer examining banks for reputation risk. Source link Read more »

OCC Issues Interpretive Letter Affirming Clearance for Bank Crypto Activity

The Office of the Comptroller of the Currency (OCC) issued Interpretive Letter 1183, rescinding OCC Interpretive Letter 1179 and reaffirming the crypto-asset custody, distributed ledger, and stablecoin activities discussed in prior OCC... Read more »

OCC and FDIC Finalize Policy Statements on Bank Merger Review

The Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) separately issued final policy statements updating their approach to reviewing proposed bank merger transactions. Source link Read more »
OCC Proposes Bank Merger Act Rule Changes

OCC Proposes Bank Merger Act Rule Changes

On January 29, 2024, the Office of the Comptroller of the Currency (OCC) proposed amendments to its rules for business combinations under 12 CFR §5.33 involving national banks and federal savings associations,... Read more »
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