OC&C

NCUA Tells FICUs Crypto Trading is OK — If Big Exchanges Provide the Service
NCUA Tells FICUs Crypto Trading is OK — If Big Exchanges Provide the Service
December 21, 2021  |  Cryptocurrency

When it comes to reading between the lines of financial regulators’ advisory letters, tone matters. Take last week’s letter from the National Credit Union Administration...

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Saule Omarova, Biden’s Nominee to Regulate Big Banks, Withdraws Bid to Head OCC
Saule Omarova, Biden’s Nominee to Regulate Big Banks, Withdraws Bid to Head OCC
December 07, 2021  |  Bank Regulation

After two months of hand-wringing and criticism from the financial industry and political opponents who feared President Biden’s nominee to oversee the nation’s top banks...

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Regulators Focus on Crypto, Hoping to Avoid Another Post-Crisis Reckoning
Regulators Focus on Crypto, Hoping to Avoid Another Post-Crisis Reckoning
December 07, 2021  |  Cryptocurrency

In its Semiannual Risk Perspective report, the Office of the Comptroller of the Currency (OCC) elevated digital assets in the banking sector to one of...

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OCC Urges ‘Caution’ for FIs Offering Crypto-Related Financial Services
OCC Urges ‘Caution’ for FIs Offering Crypto-Related Financial Services
December 06, 2021  |  News

Caveat emptor, goes the Latin warning. The translation: Buyer beware. Cryptos may be luring the masses, but the Office of the Comptroller of the Currency...

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Biden’s OCC Pick Grilled by Senate Over Soviet Union Childhood, Undergrad Work
Biden’s OCC Pick Grilled by Senate Over Soviet Union Childhood, Undergrad Work
November 19, 2021  |  Politics

The rocky road to confirm President Joe Biden’s pick to head the Office of the Comptroller of the Currency (OCC) hit potholes during the Senate...

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Senate Could Scrap Biden’s OCC Choice Saule Omarova Ahead of Vote
Senate Could Scrap Biden’s OCC Choice Saule Omarova Ahead of Vote
October 20, 2021  |  Politics

Senate Democrats are divided in their support of President Joe Biden’s nomination to lead the Office of the Comptroller of the Currency (OCC) Saule Omarova...

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Biden to Name CBDC Advocate Saule Omarova to Lead OCC
Biden to Name CBDC Advocate Saule Omarova to Lead OCC
September 23, 2021  |  Politics

President Joe Biden is pushing to nominate Cornell University Law School professor Saule Omarova to lead the Office of the Comptroller of the Currency (OCC),...

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OCC Begins Public Civil Trial Against Former Wells Fargo Execs
OCC Begins Public Civil Trial Against Former Wells Fargo Execs
September 13, 2021  |  Bank Regulation

A civil trial began on Monday (Sept. 13) against three former Wells Fargo executives for their alleged roles in the bank’s misconduct scandal, the Office...

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OCC’s Presumptive New Leadership Signals Regulations Ahead For Cryptos
OCC’s Presumptive New Leadership Signals Regulations Ahead For Cryptos
August 09, 2021  |  Cryptocurrency

The role of the Office of the Comptroller of the Currency (OCC) is charged with regulating banks. And if recent candidates being “vetted” by the...

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