Tagged: occ

August 19, 2026 @ 2:20 pm By Press Release  |  

This post was originally published on OCC.gov WASHINGTON—Comptroller of the Currency Jonathan V. Gould today discussed the Office of the Comptroller of the Currency’s (OCC) work under the leadership of President Donald J. Trump and U.S. Secretary of the Treasury Scott Bessent to support the… Read More

August 19, 2026 @ 2:20 pm By Press Release  |  

This post was originally published on OCC.gov WASHINGTON—Comptroller of the Currency Jonathan V. Gould today discussed the Office of the Comptroller of the Currency’s (OCC) work under the leadership of President Donald J. Trump and U.S. Secretary of the Treasury Scott Bessent to support the… Read More

August 19, 2026 @ 2:20 pm By Press Release  |  

This post was originally published on this site. WASHINGTON—Comptroller of the Currency Jonathan V. Gould today discussed the Office of the Comptroller of the Currency’s (OCC) work under the leadership of President Donald J. Trump and U.S. Secretary of the Treasury Scott Bessent to support… Read More

August 17, 2026 @ 7:06 am By Omar Faridi  |  

On August 14, 2026, the Office of the Comptroller of the Currency (OCC) issued preliminary conditional approval for a national trust bank charter application submitted by World Liberty Trust Company, National Association. The entity is linked to World Liberty Financial, a cryptocurrency platform in which… Read More

August 14, 2026 @ 10:00 am By Press Release  |  

This post was originally published on OCC.gov WASHINGTON—The Office of the Comptroller of the Currency (OCC) today released its annual update to the Bank Accounting Advisory Series (BAAS). The BAAS contains staff responses to frequently asked questions from the banking industry and bank examiners on… Read More

August 12, 2026 @ 3:28 pm By JD Alois  |  

This past week, it was reported that Netherlands-based digital bank bunq had been denied a US charter by the Office of the Comptroller of the Currency. The response sent to bunq’s legal representation in the US was uncharacteristically harsh and critical of the Fintech’s attempt… Read More

August 11, 2026 @ 12:00 pm By Press Release  |  

This post was originally published on OCC.gov New FDIC process to review deposit insurance applications aligns with OCC efforts WASHINGTON—The Office of the Comptroller of the Currency continues to prioritize reinvigorating de novo chartering to build a robust, diverse banking system that supports the U.S…. Read More

August 11, 2026 @ 7:53 am By Omar Faridi  |  

The Office of the Comptroller of the Currency (OCC) has rejected an application from Amsterdam-based digital bank Bunq to establish a new national bank in the United States. In a decision letter dated August 4, 2026, and made public shortly thereafter, the regulator determined that… Read More

August 6, 2026 @ 4:43 pm By Press Release  |  

This post was originally published on OCC.gov Local banks on the front lines of economic and national securityOCC acts to eliminate risks posed by extending financial services to illegal aliens WASHINGTON—Secretary of the Treasury Scott Bessent and Comptroller of the Currency Jonathan V. Gould today… Read More

August 3, 2026 @ 1:00 pm By Press Release  |  

This post was originally published on OCC.gov WASHINGTON—The Office of the Comptroller of the Currency (OCC) today requested comment on a proposal to implement structural and substantive changes to its rules governing the disclosure of OCC information. The proposed changes are designed to improve the… Read More

July 31, 2026 @ 11:00 am By Press Release  |  

This post was originally published on OCC.gov WASHINGTON—The Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation (the agencies) today proposed targeted changes to their current rules implementing the Community Reinvestment Act (CRA) to better align with the statutory mandate; better… Read More

July 30, 2026 @ 3:00 pm By Press Release  |  

This post was originally published on OCC.gov WASHINGTON—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 July 1, 2026, through July 30, 2026. Under the CRA, the… Read More

July 30, 2026 @ 12:00 pm By Press Release  |  

This post was originally published on OCC.gov $64 billion to be freed up to support Main Street lending95% of community banks are eligible for CBLR framework WASHINGTON—The Office of the Comptroller of the Currency today issued a revised compliance guide for the community bank leverage… Read More

July 27, 2026 @ 2:00 pm By Press Release  |  

This post was originally published on OCC.gov WASHINGTON—Comptroller of the Currency Jonathan V. Gould today highlighted the OCC’s efforts to expand financial literacy, support responsible innovation, and provide consumers with practical educational resources in remarks at the Financial Literacy and Education Commission meeting. Excerpts from… Read More

July 24, 2026 @ 11:27 am By JD Alois  |  

The GENIUS Act became law in 2025, but rules crafted by various regulators were due on July 18, 2026. Today, the American Fintech Council distributed a statement on the Office of the Comptroller of the Currency and its AML/CFT requirements. The OCC’s proposal is viewable… Read More

July 16, 2026 @ 2:00 pm By Press Release  |  

This post was originally published on this site. The federal bank regulatory agencies today issued a joint statement describing enhanced security procedures for review of highly sensitive information in connection with examinations of supervised banks, such as reviewing materials on-site rather than transferring them onto… Read More

July 16, 2026 @ 11:00 am By Press Release  |  

This post was originally published on this site. WASHINGTON—The Office of the Comptroller of the Currency (OCC) today released enforcement actions for July 2026. The OCC uses enforcement actions against banks to require the board of directors and management to take timely actions to correct… Read More

June 19, 2026 @ 8:47 am By Omar Faridi  |  

Federal agencies are moving forward with rules that would require stablecoin issuers to verify customer identities in a manner closely aligned with longstanding requirements for traditional banks. The joint proposal, released on June 18, 2026, implements key provisions of the Guiding and Establishing National Innovation… Read More

May 26, 2026 @ 10:52 am By JD Alois  |  

Digital bank Revolut wants to become a federally chartered bank in the US. The successful UK-based Fintech is already approved to provide banking services in the EU. Revolut Bank UAB is licensed by the European Central Bank (ECB) and regulated by the Bank of Lithuania…. Read More

May 21, 2026 @ 8:00 am By Omar Faridi  |  

Fintech professional Simon Taylor has shared key insights after the White House just issued an executive order under the Trump Administration requiring the SEC, CFTC, FDIC, OCC, CFPB, as well as the NCUA, to identify any applicable rules that block fintech firms within the next… Read More