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Comment Period: Enforceable Guidelines for Recovery Planning

The Office of the Comptroller of the Currency (OCC) is requesting comment on a proposed rule to establish enforceable guidelines for recovery planning by insured national banks, insured federal savings associations, and insured federal branches of foreign banks with average total consolidated assets of $50 billion or more (covered banks). The guidelines are issued pursuant to a federal statute that authorizes the OCC to prescribe operational and managerial standards for national banks and federal savings associations (collectively, banks). The OCC guidelines would be enforceable under the terms of that statute. Read more here. 

  • February 16, 2016
  • Time: All Day
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