OCC Integration of OTS

Thursday, June 21, 2012 at 12:26PM
Banking Spectrum in Uncategorized

Pursuant to the Dodd-Frank Reform Act, the OCC took over supervision of federal savings associations on July 21, 2011. In an effort to integrate OTS policy guidance documents into a common set of supervisory policies that apply to both national banks and federal savings associations, the OCC has implemented a process of rescinding OTS documents that are, for example, no longer useful because of the elimination of the OTS or the passage of time or that duplicate existing OCC guidance.

Rescinded OTS Documents and Prevailing OCC Documents can be found at: http://www.occ.gov/news-issuances/bulletins/2012/2012-15a.pdf

Article originally appeared on Banking Spectrum (https://www.bankingspectrum.com/).