On December 3, 2014, Comptroller of the Currency Thomas J. Curry discussed the OCC approach to supervising federal branches and agencies of foreign banks. His remarks highlighted the OCC philosophy that supervision is specifically tailored to each individual branch or agency rather than an attempt to implement a one-size-fits-all approach. Main talking points centered on collaboration with foreign jurisdictions, cybersecurity and compliance with the Bank Secrecy Act  and Anti-Money Laundering laws. His comments were made during an event hosted by the International Bankers Association of California and the National Association of Chinese American Bankers.

Comptroller of the Currency remarks is available at:

http://www.occ.gov/news-issuances/speeches/2014/pub-speech-2014-164.pdf.