Office of the Comptroller of the Currency

Bitcoin Daily: OCC: US National Banks Can Hold Digital Assets; S. Korea Eyes 20 Pct Tax On Crypto Trading
Bitcoin Daily: OCC: US National Banks Can Hold Digital Assets; S. Korea Eyes 20 Pct...
July 22, 2020  |  Bitcoin

Banks chartered by the federal government can offer digital currency custody services, the Office of the Comptroller of the Currency (OCC) said in a Wednesday...

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Today In Payments: Senate Approves Five-Week Extension For PPP; Document: Wirecard Depended Upon Few Clients
Today In Payments: Senate Approves Five-Week Extension For PPP; Document: Wirecard Depended Upon Few Clients
July 01, 2020  |  News

In today’s top news, the Senate extended the PPP application deadline by five weeks, and an internal document reveals a small client base brought in...

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OCC’s Otting To Step Down
OCC’s Otting To Step Down
May 21, 2020  |  Personnel

Comptroller of the Currency Joseph Otting will step down from his post on May 29, according to a press release. Get the Full Story Complete...

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Bitcoin Daily: US Bank Regulator Says Licensing Crypto Firms As FIs ‘Makes Sense’; Korean Luxe Retailers Pay Rewards Via Blockchain
Bitcoin Daily: US Bank Regulator Says Licensing Crypto Firms As FIs ‘Makes Sense’; Korean Luxe...
May 11, 2020  |  Bitcoin

U.S. Office of the Comptroller of the Currency (OCC) Chief Operating Officer Brian Brooks said he thinks digital currency firms could go under a federal...

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OCC Prepares Civil Suit Against Former Wells Fargo Executives
OCC Prepares Civil Suit Against Former Wells Fargo Executives
January 23, 2020  |  Security & Fraud

A Wells Fargo regulator is planning to slap former company executives with civil charges associated with their position in its retail banking scandals, people familiar...

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Banks Scrapping Regulators For Friendlier OCC Oversight
Banks Scrapping Regulators For Friendlier OCC Oversight
September 17, 2019  |  Bank Regulation

An increased number of banks are swapping their own regulators for oversight by the Office of the Comptroller of the Currency (OCC), The Wall Street...

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OCC Beefs Up Banking Oversight
OCC Beefs Up Banking Oversight
July 31, 2019  |  Bank Regulation

The Office of the Comptroller of the Currency (OCC) has announced that it’s going to realign about 150 staff members in two new units, the...

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MUFG Bank Enters Consent Order With OCC Over AML Compliance
MUFG Bank Enters Consent Order With OCC Over AML Compliance
February 22, 2019  |  Security & Fraud

MUFG Bank, a Japan-based institution, announced on Friday (Feb. 22) that it was entering into a consent order with the U.S. Office of the Comptroller...

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The Opportunities And Challenges Of Small-Dollar Lending
The Opportunities And Challenges Of Small-Dollar Lending
May 28, 2018  |  Bank Regulation

Responsible short-term, small-dollar loans to consumers will result in increased purchasing power, according to a paper from the American Banking Association about small-dollar lending. Get...

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