WASHINGTON, Jan. 12 -- Office of the Comptroller of the Currency has issued a proposed rule called: National Bank Chartering.
The proposed rule was published in the Federal Register on Jan. 12 by Jonathan V. Gould, Comptroller of the Currency.
Summary: The Office of the Comptroller of the Currency (OCC) is proposing to amend its rule related to chartering of national banks to clarify the longstanding authority of national banks limited to the operations of trust companies and activities related thereto to engage in non-fiduciary activities in addition to their fiduciary activities.
For more information, contact Christopher Crawford, Acting Assistant Director; Marjorie Dieter, Counsel, Chief Counsel's Office, 202-649-5490, Office of the C...