Comptroller of the Currency Jonathan V. Gould issued the following statement today at the Federal Deposit Insurance Corporation's board meeting about a final rule that codifies the elimination of reputation risk from Office of the Comptroller of the Currency supervisory programs.
The Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) issued a final rule to codify the elimination of reputation risk from their supervisory programs. Among other things, the final rule prohibits the agencies from criticizing or taking adverse action against an institution on the basis of reputation risk. The final rule also prohibits the agencies from requiring, instructing, or encouraging an institution to close an account, to refrain from providing an account, product, or service, or to modify or terminate any product or service on the basis of a person's or entity's political, social, cultural, or religious views or beliefs, constitutionally protected speech, or solely on the basis of politically disfavored but lawful business activities perceived to present reputation risk. The final rule will be effective 60 days after publication in the Federal Register .
The OCC approved the issuance of a notice of proposed rulemaking, to be published jointly with the FDIC and the NCUA that would amend the Bank Secrecy Act (BSA) compliance program requirements that each agency has issued for its supervised banks. The amended requirements, referred to as anti-money laundering and countering the financing of terrorism (AML/CFT) programs, align with changes that are being concurrently proposed by the Financial Crimes Enforcement Network (FinCEN).
The Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation (the agencies) today jointly issued a final rule that codifies the elimination of reputation risk from their supervisory programs.
The Federal Deposit Insurance Corporation (FDIC), Office of the Comptroller of the Currency (OCC), and the National Credit Union Administration (NCUA) (collectively, the "Agencies") today invite public comment on a proposed rule to amend the respective requirements for their supervised institutions to establish and maintain effective risk-based anti-money laundering and countering the financing of terrorism (AML/CFT) programs designed to identify, assess, and mitigate risks of illicit finance.
The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of March 1, 2026, through March 31, 2026.
The Office of the Comptroller of the Currency (OCC) is rescinding its guidelines establishing standards for recovery planning by certain large insured national banks, federal savings associations, and federal branches (recovery planning guidelines) at 12 CFR 30, appendix E. The final rule will be effective 30 days after publication in the Federal Register.
The Office of the Comptroller of the Currency (OCC) today announced a final rule to rescind its recovery planning guidelines for certain large insured national banks, federal savings associations, and federal branches (banks).
Comptroller of the Currency Jonathan V. Gould today issued a statement at the Financial Stability Oversight Council (FSOC) meeting about the Office of the Comptroller of the Currency's (OCC) actions to ensure the federal banking system remains relevant over time.
The Office of the Comptroller of the Currency (OCC) today opened registration for its 2026 schedule of in-person workshops for board directors and senior management of national community banks and federal savings associations.
The OCC has issued a final rule to amend its regulations to simplify licensing requirements for corporate activities and transactions involving national banks and federal savings associations that have less than $30 billion in total assets and satisfy certain conditions. The final rule is intended to reduce burden on these institutions. The final rule will be effective 30 days after publication in the Federal Register.
The Office of the Comptroller of the Currency (OCC) has issued a final rule rescinding 12 CFR 27, "Fair Housing Home Loan Data System." In connection with the OCC's ongoing efforts to tailor bank supervision and regulation to bank risk profile, the OCC has reviewed 12 CFR 27 (part 27) and determined that rescinding the regulation will eliminate the regulatory burden attributable to part 27 for national banks without having a material impact on the OCC's ability to conduct its fair housing-related supervisory activities.
The OCC is issuing a final rule to clarify the longstanding authority of national banks limited to the operations of trust companies and activities related thereto to engage in non-fiduciary activities in addition to their fiduciary activities. The final rule would neither expand nor contract the OCC's authority to charter a national bank. The final rule is effective April 1, 2026.