Real-Time Monitoring of Comptroller of the Currency via FedMonitor
Part of: Treasury Department
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The Office of the Comptroller of the Currency (OCC), established on February 25, 1863, plays a pivotal role in the U.S. financial system as an independent bureau under the Department of the Treasury. The OCC's mission is to ensure that national banks, federal savings associations, and federal branches and agencies of foreign banking organizations operate securely, provide fair access to financial services, uphold fair treatment of customers, and comply with federal laws and regulations.
Why Monitor the Comptroller of the Currency?
Professionals such as compliance officers, financial advisors, risk managers, regulatory analysts, and banking executives are crucially interested in monitoring updates from the OCC. Here’s why:
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Ensure Compliance: Banks and financial institutions must adhere strictly to the regulations outlined by the OCC. Failing to comply can result in enforcement actions and penalties, impacting a company’s financial health and reputation.
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Stay Ahead of Policy Changes: Keeping abreast of regulatory updates and changes is vital for anticipatory adjustments in business operations and strategy, mitigating potential risks from policy shifts.
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Respond to Open Comment Periods: Engaging in regulatory processes through timely responses to open comment periods can influence banking regulations and safeguard organizational interests.
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Mitigate Risks: Subscribing to updates ensures that institutions identify and counteract potential risks from new rules or changes promptly.
Recent Trends and Impacts
Regulatory Supervision
The OCC supervises approximately 1,200 banks nationwide. It exercises significant power by supervising and examining banks, approving new bank charters, branches, mergers, and in taking enforcement actions against non-compliant banks. This oversight impacts all facets of banking operations and thereby, affects any business interacting with national banks: from mortgage brokers to corporate investors.
Industry Relevance
- Banking and Financial Services: Frequent updates can impact risk management, operational compliance, and strategic planning.
- Real Estate: Changes in financial regulations could affect mortgage lending practices and real estate financing.
- Legal and Consultancy Firms: These firms need to provide up-to-date regulatory advice to their clients to maintain compliance and relevance.
Leveraging AI for Monitoring
Staying informed about the OCC’s activities and updates in real-time is crucial for making informed strategic decisions. FedMonitor offers an AI-powered monitoring service that:
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Ensures Relevance: Filters information to make sure only pertinent updates reach you, saving time and resources.
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Facilitates Understanding: Provides summaries and alerts that offer quick insights into document relevance.
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Supports Seamless Integrations: Whether you prefer Slack, Microsoft Teams, or Salesforce notifications—or need rapid email or SMS updates—FedMonitor has you covered.
Discover how FedMonitor can transform your approach to regulatory compliance. Sign up today to streamline your monitoring process and ensure your team is always informed about critical updates from the Comptroller of the Currency. For more information, visit our FAQ or contact us for a personalized consultation.
Agency Details
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Status:
Active
The Office of the Comptroller of the Currency remains operational and continues to oversee the safety and soundness of national banks and federal savings associations. It is an independently funded agency under the Department of the Treasury and actively performs its regulatory and supervisory functions.
- Acronym: OCC
- Website: Visit
Related Topics
Latest Documents
Title | Type | Published |
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The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995 (PRA). In accordance with the requirements of the PRA, the...
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Notice | Mar 31, 2025 |
The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995 (PRA). In accordance with the requirements of the PRA, the...
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Notice | Mar 13, 2025 |
The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995 (PRA). In accordance with the requirements of the PRA, the...
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Notice | Mar 10, 2025 |
The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995 (PRA). In accordance with the requirements of the PRA, the...
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Notice | Feb 20, 2025 |
The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995 (PRA). In accordance with the requirements of the PRA, the...
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Notice | Feb 11, 2025 |
The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995 (PRA). In accordance with the requirements of the PRA, the...
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Notice | Feb 05, 2025 |
The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995 (PRA). In accordance with the requirements of the PRA, the...
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Notice | Jan 31, 2025 |
This document announces changes to the Office of the Comptroller of the Currency's (OCC) maximum civil money penalties as adjusted for inflation. The inflation adjustments are required to implement the Federal Civil Penalties Inflation Adjustment Act...
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Rule | Jan 10, 2025 |
The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995 (PRA). In accordance with the requirements of the PRA, the...
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Notice | Dec 20, 2024 |
Pursuant to the Economic Growth and Regulatory Paperwork Reduction Act of 1996 (EGRPRA), the OCC, Board, and FDIC (collectively, the agencies) are reviewing agency regulations to identify outdated or otherwise unnecessary regulatory requirements on i...
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Proposed Rule | Dec 11, 2024 |
The Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (Board), and the Federal Deposit Insurance Corporation (FDIC) (collectively, the agencies) have prepared this report pursuant to section 37(c) o...
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Notice | Dec 03, 2024 |
The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995 (PRA). In accordance with the requirements of the PRA, the...
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Notice | Nov 27, 2024 |
Notice | Nov 15, 2024 | |
The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995 (PRA). In accordance with the requirements of the PRA, the...
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Notice | Nov 14, 2024 |
The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995 (PRA). In accordance with the requirements of the PRA, the...
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Notice | Oct 29, 2024 |
The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995 (PRA). In accordance with the requirements of the PRA, the...
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Notice | Oct 29, 2024 |
The OCC published a document in the Federal Register of October 21, 2024, concerning request for comments as part of its continuing effort to reduce paperwork and respondent burden, as required by the Paperwork Reduction Act of 1995 (PRA). The docume...
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Notice | Oct 25, 2024 |
The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995 (PRA). In accordance with the requirements of the PRA, the...
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Notice | Oct 22, 2024 |
The Office of the Comptroller of the Currency is amending its enforceable recovery planning guidelines to apply them to insured national banks, insured Federal savings associations, and insured Federal branches of foreign banks with average total con...
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Rule | Oct 22, 2024 |
The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995 (PRA). In accordance with the requirements of the PRA, the...
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Notice | Oct 21, 2024 |
No sub-agencies found.