- On January 14, 2015, the Office of the Comptroller of the Currency (“OCC”) issued the “Retail Nondeposit Investment Products” booklet of the Comptroller’s Handbook which replaces a similarly titled booklet issued in February 1994. This revised booklet provides updated guidance to examiners on national banks and federal savings associations regarding the recommendation or sale of nondeposit investment products to retail customers. It includes an overview of bank delivery channels and the regulatory structure and requirements supplementary with banks offering these products. The revised booklet describes the risks inherent in offering such products and offers a framework for managing such risks.
- On January 14, 2015, the OCC issued the “Conflicts of Interest” booklet of the Comptroller’s Handbook which replaces a booklet of the same title issued in June 2000. This booklet has been revised to include the supervision of federal savings associations and includes updated guidance for examiners on risks and expected controls over conflicts of interest that may arise in asset management activities. The booklet explains the risks inherent in such conflicts and provides a structure for managing those risks.
- On January 16, 2015, the OCC issued the “Litigation and Other Legal Matters” booklet of the Comptroller’s Handbook which replaces the booklet of the same title issued in February 2000. The revised booklet provides guidance to examiners assessing a bank’s litigation exposures, associated risks, and risk management practices.
The booklet titled “Retail Nondeposit Investment Products” is available at:
The booklet titled “Conflicts of Interest” is available at:
The booklet titled “Litigation and Other Legal Matters” Booklet is available at: