View Rule
View EO 12866 Meetings | Printer-Friendly Version Download RIN Data in XML |
TREAS/OCC | RIN: 1557-AD78 | Publication ID: Fall 2014 |
Title: OCC Guidelines Establishing Heightened Standards for Certain Large National Banks, Federal Savings Associations, and Insured Federal Branches; Integration of 12 CFR Parts 30 and 170 | |
Abstract:
The OCC issued a final rule adopting new Guidelines as an appendix to its safety and soundness standards regulations that establish minimum standards for the design and implementation of a risk governance framework for large insured national banks, insured FSAs, and insured Federal branches of foreign banks with average total consolidated assets of $50 billion or more and minimum standards for a board of directors in overseeing the framework's design and implementation. The standards contained in the Guidelines are enforceable by the terms of a Federal statute that authorizes the OCC to prescribe operational and managerial standards for national banks and FSAs. |
|
Agency: Department of the Treasury(TREAS) | Priority: Substantive, Nonsignificant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Completed Actions |
Major: No | Unfunded Mandates: No |
CFR Citation: 12 CFR 30 | |
Legal Authority: 12 USC 1 12 USC 93a 12 USC 371 12 USC 1462(a) 12 USC 1463 to 1464 12 USC 1467a 12 USC 1818 12 USC 1828 12 USC 1831p-1 12 USC 1881 to 1884 12 USC 3102(b) 12 USC 5412(b)(2)(B) 15 USC 1681s 15 USC 1681w 15 USC 6801 15 USC 6805(b)(1) |
Legal Deadline:
None |
|||||||||||||||
Timetable:
|
Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Federalism: No | |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: No | |
Agency Contact: Andra Shuster Senior Counsel Department of the Treasury Comptroller of the Currency Chief Counsel's Office, 400 7th Street SW., Washington, DC 20219 Phone:202 649-6283 Email: andra.shuster@occ.treas.gov |