Date: January 6, 2012
Description: Rescission of OTS Transmittal Letters
As part of its ongoing implementation of Title III of the Dodd–Frank Wall Street Reform and Consumer Protection Act, the Office of the Comptroller of the Currency (OCC) is rescinding all outstanding Office of Thrift Supervision (OTS) Transmittal Letters. OTS used Transmittal Letters primarily to convey documents issued by other agencies, in most cases Federal Register documents, such as notice of proposed and final rules. The rescission of Transmittal Letters does not change the applicability of the conveyed documents. You can find the conveyed documents on the OCC Web site or at their original source, such as http://www.gpo.gov/fdsys/ for Federal Register documents.
In four instances, OTS issued a Transmittal Letter to convey guidance issued on an interagency basis by the federal banking agencies or by the Federal Financial Institutions Examination Council. The attached table provides links to this guidance on the OCC Web site.
Our goal is to produce one common set of supervisory policies that will apply to both federal savings associations and national banks, while recognizing differences anchored in statute.
John C. Lyons, Jr.
Senior Deputy Comptroller for Bank Supervision Policy
and Chief National Bank Examiner