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OCC Proposes Requirements for National Bank and Federal Savings Association Premises

USA - January 12 2021 On January 4, 2020, the US Office of the Comptroller of the Currency (“OCC”) issued a proposal to amend its regulations on ownership of real property...

Thomas J. Delaney, Jeffrey P. Taft, Logan S. Payne.

FDIC Finalizes Changes to Brokered Deposits Restrictions

USA - January 8 2021 On December 15, 2020, the Federal Deposit Insurance Corporation ("FDIC") finalized revisions to its rules and prior guidance regarding brokered...

Thomas J. Delaney, Jeffrey P. Taft, David L. Beam, Anna T. Pinedo, Bradley Berman, Marla L. Matusic, Logan S. Payne.

New Incident Notification Requirements Proposed by Federal Regulators for US Financial Institutions and Their Service Providers

USA - December 23 2020 In December 2020, the Board of Governors of the Federal Reserve System (“Federal Reserve”), Office of the Comptroller of the Currency (“OCC”), and...

Marcus A. Christian, Jeffrey P. Taft, David A. Simon.

OCC Finalizes Changes to Activities and Operations Rules for National Banks and Federal Savings Associations

USA - December 16 2020 Last month, the US Office of the Comptroller of the Currency (“OCC”) finalized extensive revisions (the “Revisions”) to its rules governing the...

Thomas J. Delaney, Jeffrey P. Taft, Logan S. Payne.

US Federal Reserve Joins the Network of Central Banks and Supervisors for the Greening of the Financial System

USA - December 15 2020 Following a unanimous vote on December 7, 2020, the United States Board of Governors of the Federal Reserve System (Board) announced on December 15...

J. Paul Forrester.