OCC Issues First and Second Quarter 2022 CRA Evaluation Schedule

The Office of the Comptroller of the Currency (OCC) today released its schedule of Community Reinvestment Act (CRA) evaluations to be conducted in the first and second quarters of 2022.

The Office of the Comptroller of the Currency (OCC) today released its schedule of Community Reinvestment Act (CRA) evaluations to be conducted in the first and second quarters of 2022.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2021/nr-occ-2021-122.html

OCC Clarifies Bank Authority to Engage in Certain Cryptocurrency Activities and Authority of OCC to Charter National Trust Banks

The Office of the Comptroller of the Currency (OCC) today published a letter confirming that national banks and federal savings associations must demonstrate that they have adequate controls in place before they can engage in certain cryptocurrency, di…

The Office of the Comptroller of the Currency (OCC) today published a letter confirming that national banks and federal savings associations must demonstrate that they have adequate controls in place before they can engage in certain cryptocurrency, distributed ledger, and stablecoin activities.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2021/nr-occ-2021-121.html

Agencies Issue Joint Statement on Crypto-Asset Policy Initiative and Next Steps

Federal bank regulatory agencies today issued a statement summarizing their interagency “policy sprints” focused on crypto-assets and providing a roadmap of future work related to crypto-assets.

Federal bank regulatory agencies today issued a statement summarizing their interagency "policy sprints" focused on crypto-assets and providing a roadmap of future work related to crypto-assets.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2021/nr-ia-2021-120.html

Federal Reserve Board announces termination of enforcement action with The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC

Federal Reserve Board announces termination of enforcement action with The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC

Federal Reserve Board announces termination of enforcement action with The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC

Read more / Original news source: https://www.federalreserve.gov/newsevents/pressreleases/enforcement20211123a.htm

Statement by Federal Reserve Board Chair Jerome H. Powell on his nomination by President Biden

Statement by Federal Reserve Board Chair Jerome H. Powell on his nomination by President Biden

Statement by Federal Reserve Board Chair Jerome H. Powell on his nomination by President Biden

Read more / Original news source: https://www.federalreserve.gov/newsevents/pressreleases/other20211122a.htm