Federal Bank Regulatory Agencies Announce Coordination of Reviews for Certain Foreign Funds Under Volcker Rule

The Federal Reserve Board, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency today announced that they will not take action related to restrictions under the Volcker Rule for certain foreign funds for an addit…

The Federal Reserve Board, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency today announced that they will not take action related to restrictions under the Volcker Rule for certain foreign funds for an additional two years.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2019/nr-ia-2019-79.html

OCC Allows National Banks and Federal Savings Associations Affected by Severe Weather Along the Gulf Coast to Close

The Office of the Comptroller of the Currency today issued a proclamation allowing national banks, federal savings associations, and federal branches and agencies of foreign banks at their discretion to close offices affected by severe weather along th…

The Office of the Comptroller of the Currency today issued a proclamation allowing national banks, federal savings associations, and federal branches and agencies of foreign banks at their discretion to close offices affected by severe weather along the Gulf Coast.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2019/nr-occ-2019-78.html

OCC Allows National Banks and Federal Savings Associations Affected by Severe Weather Along the Gulf Coast to Close

The Office of the Comptroller of the Currency today issued a proclamation allowing national banks, federal savings associations, and federal branches and agencies of foreign banks at their discretion to close offices affected by severe weather along th…

The Office of the Comptroller of the Currency today issued a proclamation allowing national banks, federal savings associations, and federal branches and agencies of foreign banks at their discretion to close offices affected by severe weather along the Gulf Coast.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2019/nr-occ-2019-78.html?utm_source=RSS_feed&utm_medium=RSS

Agencies Propose Rule on the Capital Treatment of Land Development Loans

The federal bank regulatory agencies today invited public comment on a proposal to clarify the treatment of land development loans under the agencies’ capital rules.

The federal bank regulatory agencies today invited public comment on a proposal to clarify the treatment of land development loans under the agencies' capital rules.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2019/nr-ia-2019-77.html?utm_source=RSS_feed&utm_medium=RSS

Agencies Propose Rule on the Capital Treatment of Land Development Loans

The federal bank regulatory agencies today invited public comment on a proposal to clarify the treatment of land development loans under the agencies’ capital rules.

The federal bank regulatory agencies today invited public comment on a proposal to clarify the treatment of land development loans under the agencies' capital rules.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2019/nr-ia-2019-77.html

Agencies Adopt Final Rule to Exclude Community Banks from the Volcker Rule

Five federal financial regulatory agencies announced on Tuesday that they adopted a final rule to exclude community banks from the Volcker Rule, consistent with the Economic Growth, Regulatory Relief, and Consumer Protection Act.

Five federal financial regulatory agencies announced on Tuesday that they adopted a final rule to exclude community banks from the Volcker Rule, consistent with the Economic Growth, Regulatory Relief, and Consumer Protection Act.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2019/nr-ia-2019-76.html?utm_source=RSS_feed&utm_medium=RSS

Agencies Adopt Final Rule to Exclude Community Banks from the Volcker Rule

Five federal financial regulatory agencies announced on Tuesday that they adopted a final rule to exclude community banks from the Volcker Rule, consistent with the Economic Growth, Regulatory Relief, and Consumer Protection Act.

Five federal financial regulatory agencies announced on Tuesday that they adopted a final rule to exclude community banks from the Volcker Rule, consistent with the Economic Growth, Regulatory Relief, and Consumer Protection Act.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2019/nr-ia-2019-76.html

Agencies Simplify Regulatory Capital Rules

The federal bank regulatory agencies today issued a final rule that reduces regulatory burden by simplifying several requirements in the agencies’ regulatory capital rules.

The federal bank regulatory agencies today issued a final rule that reduces regulatory burden by simplifying several requirements in the agencies' regulatory capital rules.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2019/nr-ia-2019-75.html?utm_source=RSS_feed&utm_medium=RSS

Agencies Simplify Regulatory Capital Rules

The federal bank regulatory agencies today issued a final rule that reduces regulatory burden by simplifying several requirements in the agencies’ regulatory capital rules.

The federal bank regulatory agencies today issued a final rule that reduces regulatory burden by simplifying several requirements in the agencies' regulatory capital rules.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2019/nr-ia-2019-75.html

OCC Releases CRA Evaluations for 23 National Banks and Federal Savings Associations

The Office of the Comptroller of the Currency (OCC) released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of June 1, 2019 through June 30, 2019. The list contains only national banks, federal …

The Office of the Comptroller of the Currency (OCC) released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of June 1, 2019 through June 30, 2019. The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2019/nr-occ-2019-74.html