June 28, 2018

OCC issued the revised “Bank Supervision Process,” “Community Bank Supervision,” “Compliance Management Systems,” and “Large Bank Supervision” booklets of the Comptroller’s Handbook. In addition, OCC updated the “Federal Branches and Agencies Supervision” booklet. The revised and updated booklets replace the booklets of the same title previously issued and rescind certain publications.

The revisions or updates

  • Clarify the applicability of each booklet to community, midsize, and large banks.
  • Incorporate the revised Uniform Interagency Consumer Compliance Rating System.
  • Add asset management core assessment guidance to the “Large Bank Supervision” booklet. Factors for assigning the trust component rating in the regulatory ratings core assessment are unchanged and examiners continue to use the Uniform Interagency Trust Rating System.
  • Provide examiner guidance for assessing asset management and BSA/AML/Office of Foreign Assets Control (OFAC) risks. Guidance for assessing the quantity of BSA/AML/OFAC risk is consistent with appendixes J and M of the Federal Financial Institutions Examination Council BSA/AML Examination Manual.
  • Incorporate relevant aspects of the Dodd–Frank Act and reflect the integration of the former OTS into OCC.
  • Explain the OCC’s bank supervision process using consistent terminology.
  • clarify legal language and terminology regarding supervisory guidance and clarify the roles of the bank’s board of directors and management.
  • Include revised concepts and references regarding third-party risk management; new, modified, or expanded bank products or services; and corporate and risk governance.
  • Incorporate references to other relevant OCC issuances published since the last publication date of each of these booklets.


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Keywords: Americas, US, Banking, Community Banks, Comptroller Handbook, Banking Supervision, OCC

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