Jonathan Gould Named OCC Chief Counsel
The Office of the Comptroller of the Currency (OCC) today announced Jonathan Gould as Senior Deputy Comptroller and Chief Counsel.
Civil Money Penalties: Notice Adjusting Civil Money Penalties for 2019
On December 27, 2018, the OCC published in the Federal Register a notice to adjust the maximum amount of each civil money penalty within its jurisdiction pursuant to the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015.
Capital and Liquidity Requirements: Notice of Proposed Rulemaking
The OCC, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation are issuing a notice of proposed rulemaking that would establish a revised framework for determining requirements under the regulatory capital rule, the liquidity coverage ratio rule, and the proposed net stable funding ratio rule for large U.S. banking organizations based on their risk profile.
Bank Secrecy Act/Anti-Money Laundering: Joint Statement on Innovative Efforts to Combat Money Laundering and Terrorist Financing
The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the National Credit Union Administration, and the Financial Crimes Enforcement Network issued today a joint interagency statement to encourage banks to consider innovative approaches in meeting their Bank Secrecy Act/anti-money laundering compliance obligations.
Resolution Plan Determinations for Four Foreign-based Banks and Finalize Guidance for Eight Domestic Banks
Agencies Seek Public Comment on Proposal to Raise Appraisal Exemption Threshold for Residential Real Estate Transactions