Revised Licensing Booklets: Revised Comptroller’s Licensing Manual Booklets Feb 2022
February 28, 2022 / Source: OCC
The Office of the Comptroller of the Currency (OCC) issued today the “Articles of Association, Charter, and Bylaw Amendments,” “Fiduciary Powers,” “Subordinated Debt,” and “Subsidiaries and Equity Investments” booklets of the Comptroller’s Licensing Manual. The revised booklets replace booklets of the same title issued between June 2017 and January 2019. The revised booklets reflect recent changes to 12 CFR 5, make corrections when necessary, and contain updated guidance.
Note for Community Banks
These booklets apply to all national banks, federal savings associations, and federal branches and agencies of foreign banking organizations.
The revised licensing booklets
- reflect recent updates to 12 CFR 5 and other regulations, as applicable.
- remove references to outdated guidance and provide current references.
- make other minor modifications and corrections throughout.
Please contact Karen Marcotte, Manager for Licensing Activities, at (202) 649-6260.
Stephen A. Lybarger
Deputy Comptroller for Licensing