OCC Issues “Government Securities Act” Booklet
On January 22nd, the Office of the Comptroller of the Currency (“OCC”) issued the “Government Securities Act” booklet of the Comptroller’s Handbook. This new booklet, part of the Securities Compliance series, consolidates certain guidance from the Comptroller’s Handbook for Compliance, “Securities Activities” booklet, issued in September 1991, and the Comptroller’s Handbook booklet “Investment Securities,” issued in March 1990. The new booklet also replaces Section 563, “Government Securities Act,” issued in May 1998 as part of the Office of Thrift Supervision Examination Handbook for the examination of federal savings associations. OCC Bulletin 2015- 5.
The OCC will host a workshop in Miami, Florida on February 23-25, 2015 for directors of national community banks and federal savings associations. The Building Blocks for Directors workshop combines lectures, discussion, and exercises to provide practical information on the roles and responsibilities of board participation. OCC Press Release.