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Comment Period: OCC Guidelines Establishing Standards for Recovery Planning by Certain Large Insured National Banks, Insured Federal Savings Associations, and Insured Federal Branches

AGENCY:

Office of the Comptroller of the Currency, Treasury.

ACTION:

Notice of proposed rulemaking.

SUMMARY:

The Office of the Comptroller of the Currency (OCC) is proposing to amend its enforceable recovery planning guidelines (Guidelines) to expand the Guidelines to apply to insured national banks, Federal savings associations, and Federal branches (banks) with average total consolidated assets of $100 billion or more; incorporate a testing standard; and clarify the role of non-financial (including operational and strategic) risk in recovery planning.

DATES:

Comments must be received by August 2, 2024.

https://www.federalregister.gov/documents/2024/07/03/2024-13960/occ-guidelines-establishing-standards-for-recovery-planning-by-certain-large-insured-national-banks

  • August 2, 2024
  • Time: All Day
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