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News Release 2001-61
July 2, 2001
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WASHINGTON — The Office of the Comptroller of the Currency (OCC) today announced the adoption of a final rule amending 12 CFR parts 1, 7, and 23 to update and revise the OCC's regulations to keep pace with developments in the law and in the national banking system.
The updates and revisions in the final rule include:
The OCC final rule adopts most of the provisions that were proposed in a notice to proposed rulemaking that was published in the Federal Register on January 30, 2001. The final rule modified certain provisions of the proposal in light of the comments the OCC received.
The final rule is effective 30 days after publication in the Federal Register.
Kevin Mukri (202) 874-5770