Agencies Propose Regulation on the Role of Supervisory Guidance

News Release 2020-142 | October 29, 2020 Share This Page: Joint Release Board of Governors of the Federal Reserve SystemConsumer Financial Protection BureauFederal Deposit Insurance CorporationNational Credit Union AdministrationOffice of the Comptroller of the Currency Five federal financial regulatory agencies today invited comment on a proposal outlining and confirming the agencies’ use of supervisory guidance for […]

Office of the Comptroller of the Currency Issues True Lender Rule

News Release 2020-139 | October 27, 2020 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) today issued a rule that determines when a national bank or federal savings association (bank) makes a loan and is the “true lender,” including in the context of a partnership between a bank and a third party. […]

OCC Revises Short-Term Investment Fund Rule

News Release 2020-38 | March 22, 2020 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced an interim final rule to revise its short-term investment fund (STIF) rule for national banks acting in a fiduciary capacity. The rule allows the OCC to authorize banks to temporarily extend maturity limits of these […]