On November 19, 2014, the OCC issued the “Federal Branches and Agencies” booklet of the Comptroller’s Licensing Manual, which is a revision of the same booklet issued in December 1999. The booklet’s revisions address amendments in 2003 to the International Banking Act of 1978, policy considerations for conversions of state-licensed branches and agencies to federal licenses, applicable regulatory changes that address expedited approvals for branch and agency office establishments and relocations and elimination of agreements for deposit-taking by limited federal branches. The booklet also discusses new activities and operations permitted for federal branches and agencies.
The booklet of the Comptroller’s Licensing Manual is available at:
and the OCC’s Approach to Federal Branch and Agency Supervision is available at: