Featured Product

    OCC Updates Booklets of the Comptroller’s Handbook

    September 30, 2019

    OCC updated the "Bank Supervision Process," "Community Bank Supervision," "Federal Branches and Agencies Supervision," and "Large Bank Supervision" booklets of the Comptroller’s Handbook. The "Table of Updates Since Publication" in the back of each booklet summarizes the updates to the Comptroller's Handbook booklets.

    The updated booklets reflect the following:

    • The interim final rule for the expanded supervisory cycle
    • An updated OCC report of examination policy based on the revised Federal Financial Institutions Examination Council report of examination policy
    • Information about the OCC’s authority to access banks’ books and records
    • Revision of the OCC’s enforcement action policies
    • The revised "Capital and Dividends" booklet of the Comptroller’s Handbook
    • Updates to the OCC’s credit underwriting assessment
    • Changes to references to include new issuances and to reflect rescissions of OCC issuances since June 28, 2018

    The “Large Bank Supervision” booklet is for use by OCC examiners in connection with their examination and supervision of midsize and large national banks and federal savings associations as well as foreign-owned U.S. branches and agencies (collectively, banks). This booklet is also used to supervise international operations of both midsize and large banks. The “Bank Supervision Process” booklet of the Comptroller’s Handbook explains the factors considered when OCC designates banks as community, midsize, or large. The “Large Bank Supervision” booklet summarizes and expands on the information in the “Bank Supervision Process” booklet and should be used in conjunction with that and other booklets of the Comptroller’s Handbook as well as the FFIEC Information Technology (IT) Examination Handbook and the FFIEC Bank Secrecy Act/Anti-Money Laundering (BSA/AML) Examination Manual. 

    The "Federal Branches and Agencies Supervision" booklet provides guidance on assessing the safety and soundness, effectiveness of risk management systems, and compliance with laws and regulations of federal branches and agencies. Examiners use this booklet in conjunction with the "Bank Supervision Process" and "Large Bank Supervision" booklets of the Comptroller's Handbook. Finally, the "Bank Supervision Process" and "Community Bank Supervision" booklets apply to the supervision of community banks by OCC. The updated booklets replace the booklets issued previously with the same titles. The updated booklets rescinded the following:

    • OCC Bulletin 2016-13, "Communications Technology: Guidance for Banks' Maintenance of Records, Records Retention, and Examiner Access"
    • Office of Thrift Supervision Examination Handbook section 360, appendix B, "Questions and Answers—Examination Obstruction"
    • OCC Bulletin 2019-11, "Report of Examination: FFIEC Policy and Rescissions"
    • "Overview" booklet in the Consumer Compliance series of the Comptroller’s Handbook

     

    Related Links

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

    Related Articles
    News

    EBA Analyzes Impact of Unwind Mechanism of Liquidity Coverage Ratio

    EBA published a report analyzing the impact of the unwind mechanism of the liquidity coverage ratio (LCR) for a sample of European banks over a three-year period, from the end of 2016 to the first quarter of 2020.

    November 19, 2020 WebPage Regulatory News
    News

    ECB Outlines Views on Possible Changes to AnaCredit Rule and TLTROs

    In response to questions from a member of the European Parliament, the ECB President Christine Lagarde issued a letter clarifying the possibility of amending the AnaCredit Regulation and making targeted longer-term refinancing operations (TLTROs) dependent on the climate-related impact of bank loans.

    November 19, 2020 WebPage Regulatory News
    News

    IASB Begins First Phase of Post-Implementation Review of IFRS 9

    IASB started the post-implementation review of the classification and measurement requirements in IFRS 9 on financial instruments and added the review as a project to its work plan.

    November 18, 2020 WebPage Regulatory News
    News

    FSB Report Examines Progress in Resolvability of Systemic Institutions

    FSB published a report that examines progress in implementing policy measures to enhance the resolvability of systemically important financial institutions.

    November 18, 2020 WebPage Regulatory News
    News

    EBA Benchmarks National Insolvency Frameworks Across EU

    EBA published a report on the benchmarking of national loan enforcement frameworks across 27 EU member states, in response to the call for advice from EC.

    November 18, 2020 WebPage Regulatory News
    News

    FSB Reports Assess Impact of Pandemic on Financial Stability

    FSB published a letter from its Chair Randal K. Quarles, along with two reports exploring various aspects of the market turmoil resulting from the COVID-19 event.

    November 17, 2020 WebPage Regulatory News
    News

    RBNZ Consults on Implementation of Capital Review Changes

    RBNZ launched a consultation on the details for implementing the final Capital Review decisions announced in December 2019.

    November 17, 2020 WebPage Regulatory News
    News

    IASB Announces Andreas Barckow as the New Chair from July 2021

    The Trustees of the IFRS Foundation, which are responsible for the governance and oversight of IASB, have announced the appointment of Dr. Andreas Barckow as the IASB Chair, effective July 2021.

    November 17, 2020 WebPage Regulatory News
    News

    HKMA Consults on Capital Rules for Bank Equity Investments in Funds

    HKMA issued a letter to consult the banking industry on a full set of proposed draft amendments to the Banking (Capital) Rules for implementing the Basel standard on capital requirements for banks’ equity investments in funds in Hong Kong.

    November 17, 2020 WebPage Regulatory News
    News

    ESRB Supports Extension of Macro-Prudential Measure by Swedish FSA

    ESRB published an opinion assessing the decision of Swedish Financial Supervisory Authority (FSA) to extend the application period of a stricter measure for residential mortgage lending, in accordance with Article 458 of the Capital Requirements Regulation (CRR).

    November 17, 2020 WebPage Regulatory News
    RESULTS 1 - 10 OF 6153