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 Publishes Standards on Disclosure of Investment Policy Under IFR

    The European Banking Authority (EBA) published the final draft regulatory technical standards on disclosure of investment policy by investment firms, under the Investment Firms Regulation (IFR).

    October 19, 2021 WebPage Regulatory News
    News

    EBA Updates Filing Rules for Supervisory Reporting

    The European Banking Authority (EBA) published version 5.1 of the filing rules for supervisory reporting.

    October 19, 2021 WebPage Regulatory News
    News

    ECB Amends Guideline on Procedures for Collection of AnaCredit Data

    The European Central Bank (ECB) Guideline 2021/1829 on the procedures for the collection of granular credit and credit risk data has been published in the Official Journal of European Union.

    October 19, 2021 WebPage Regulatory News
    News

    ECB Amends Guideline on Procedures for Collection of AnaCredit Data

    The European Central Bank (ECB) Guideline 2021/1829 on the procedures for the collection of granular credit and credit risk data has been published in the Official Journal of European Union.

    October 19, 2021 WebPage Regulatory News
    News

    APRA Finalizes Guidance for New Prudential Standard on Remuneration

    The Australian Prudential Regulation Authority (APRA) published the prudential practice guide CPG 511 to assist banks, insurers, and superannuation licensees in meeting requirements of CPS 511, the new prudential standard on remuneration.

    October 18, 2021 WebPage Regulatory News
    News

    OCC Updated LIBOR Self-Assessment Tool for Banks

    The Office of the Comptroller of the Currency (OCC) published a bulletin that provides an updated self-assessment tool for banks to evaluate their preparedness for cessation of the London Interbank Offered Rate (LIBOR).

    October 18, 2021 WebPage Regulatory News
    News

    TCFD Updates Guidance for Financial Disclosures on Climate Risk

    The Financial Stability Board (FSB) published a report that examines the progress made toward disclosures aligned with recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).

    October 14, 2021 WebPage Regulatory News
    News

    BCBS Report Examines Progress on Adoption of Basel III Framework

    The Basel Committee on Banking Supervision (BCBS) published the progress report on adoption of the Basel III regulatory framework in member jurisdictions.

    October 14, 2021 WebPage Regulatory News
    News

    ACPR Implements Updates Related to DPM Version 3.1

    The French Prudential Supervisory Authority (ACPR) has implemented, in its information system, updates linked to the Data Point Model (DPM) version 3.1.

    October 14, 2021 WebPage Regulatory News
    News

    EBA Note Examines Transition Risks of Benchmark Rates

    The European Banking Authority (EBA) published a thematic note that aims to identify and raise awareness of the transition risks of benchmark rates, as the London Interbank Offered Rate (LIBOR) and the Euro Overnight Index Average (EONIA) are close to being phased out.

    October 14, 2021 WebPage Regulatory News
    RESULTS 1 - 10 OF 7571