WASHINGTON, Oct. 30 -- Office of the Comptroller of the Currency has issued a proposed rule called: Unsafe or Unsound Practices, Matters Requiring Attention.
The proposed rule was published in the Federal Register on Oct. 30 by Jonathan V. Gould, Comptroller of the Currency.
Summary: The Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) propose to define the term "unsafe or unsound practice" for purposes of section 8 of the Federal Deposit Insurance Act and to revise the supervisory framework for the issuance of matters requiring attention and other supervisory communications.
For more information, contact OCC:Eden Gray, Assistant Director, Allison Hester-Haddad, Special Counsel, Marjori...