OCC BULLETIN 2016-5
Subject: Civil Money Penalties
Date: February 26, 2016
To: Chief Executive Officers of All National Banks, Federal Branches and Agencies, Federal Savings Associations, Department and Division Heads, and All Examining Personnel
Description: Revised Civil Money Penalty Policy
The Office of the Comptroller of the Currency (OCC) is publishing its revised Policies and Procedures Manual (PPM) policy for assessing civil money penalties (CMP). This revised PPM 5000-7 (REV), “Civil Money Penalties,” dated February 26, 2016, replaces the PPM of the same title issued in June 1993. The revised PPM sets forth the OCC’s policies and procedures for the assessment of CMPs against institution-affiliated parties (IAP), national banks, federal savings associations, federal branches and agencies, and bank service companies and service providers.
The revised PPM includes
The issuance of this PPM rescinds the following documents:
Please contact the OCC’s Special Supervision Division at (202) 649-6450 or Enforcement and Compliance Division at (202) 649-6200.
Toney M. Bland