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News Release 2020-28
March 5, 2020
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WASHINGTON—The Office of the Comptroller of the Currency (OCC) today released a proposal for public comment to update and clarify licensing policies and procedures and eliminate unnecessary requirements consistent with safe, sound, and fair operation of the federal banking system.
The proposal would make various changes to the OCC’s Rules, Policies, and Procedures for Corporate Activities, 12 CFR part 5. It is part of the OCC’s continual effort to modernize its rules and remove unnecessary requirements. Comments are due May 4, 2020.
Among the significant changes being proposed are:
Bryan Hubbard (202) 649-6870