The Office of the Comptroller of the Currency (OCC) issued a statement regarding its current approach, and provided links to resources for banks, federal savings associations, federal branches of foreign banks in the US, and customers.
The OCC is an independent bureau of the US Department of the Treasury with primary regulatory oversight of banks chartered under the National Bank Act and federal savings associations chartered under the Home Owners’ Loan Act.
The OCC aims to ensure that banks it supervises “operate in a safe and sound manner, provide fair access to financial services, treat customers fairly, and comply with applicable laws and regulations.”
Authors
Stay Up To Date with Ropes & Gray
Ropes & Gray attorneys provide timely analysis on legal developments, court decisions and changes in legislation and regulations.
Stay in the loop with all things Ropes & Gray, and find out more about our people, culture, initiatives and everything that’s happening.
We regularly notify our clients and contacts of significant legal developments, news, webinars and teleconferences that affect their industries.