Real-Time Monitoring of Thrift Supervision Office Changes
Part of: Treasury Department
Document Statistics
Documents by Year
Documents by Type (All Time)
Understanding the Office of Thrift Supervision
The Office of Thrift Supervision (OTS) is a pivotal agency under the U.S. Department of the Treasury, tasked with regulating Federal- and State-chartered savings institutions. Established in 1989 by the Financial Institutions Reform, Recovery, and Enforcement Act, the OTS plays a crucial role in supervising the thrifts industry to ensure it remains competitive, meets housing needs, and provides access to financial services for all Americans.
Why is Thrift Supervision Important?
The OTS's regulatory actions and publications in the Federal Register can significantly impact a variety of stakeholders including:
- Financial Institutions: Banks and savings institutions need to stay informed on regulations affecting their daily operations and strategic decisions.
- Compliance Officers and Legal Teams: Ensuring adherence to regulatory changes can prevent penalties and align operations with federal standards.
- Business Owners and Investors: Understanding new rules or changes can uncover potential funding opportunities or risks associated with investments.
- Mortgage and Real Estate Professionals: Being aware of regulatory updates is key for adjusting strategies and maintaining compliance in real estate lending.
Recent Trends and Regulatory Impacts
Monitoring the Federal Register for OTS publications is critically important due to:
- Regulatory Changes: Stay updated on modifications that might affect operational compliance or require policy adjustments within thrift institutions.
- Comment Periods: Engage in open comment periods to influence proposed regulations or adapt strategies ahead of new rules.
- Risk Mitigation: Timely updates can help mitigate risks associated with sudden regulatory shifts or enforcement actions, safeguarding your institution's interests.
Who Should Follow the Thrift Supervision Office?
Industries and interest groups most likely to benefit from monitoring OTS updates include:
- Banking and Finance: All sectors within these industries must align operations with current regulations, leveraging opportunities while mitigating risks.
- Legal and Compliance Services: Lawyers and compliance specialists need to ensure their advice and services are grounded in the latest regulatory changes.
- Real Estate and Mortgage Companies: With regulations that affect lending, staying informed about OTS updates can shape business strategy.
Harness the Power of AI with FedMonitor
FedMonitor.com provides a comprehensive solution for tracking the Thrift Supervision Office's activities. Our AI-powered monitoring service ensures you get:
- Real-Time Alerts: Immediate updates on relevant publications to your email, SMS, or integrated platforms like Slack, Microsoft Teams, and Salesforce.
- Relevance-Focused Filters: Receive only the updates that matter to your industry or specific interests, helping you save time and resources.
- Quick Understanding of Documentation: Our service highlights the most critical sections of documents, facilitating swift comprehension and decision-making.
By utilizing FedMonitor, you ensure that your team stays ahead of regulatory changes, enhancing compliance and capitalizing on emerging opportunities in the thrift supervision landscape. Contact us today for more information or sign up to start receiving notifications that keep you informed and competitive.
Agency Details
-
Status:
Superseded
The Office of Thrift Supervision (OTS) was effectively replaced by the creation of the Office of the Comptroller of the Currency as part of the Dodd-Frank Act in 2010, which transferred most of OTS's functions to the Office of the Comptroller of the Currency and other agencies. Therefore, OTS was superseded by another agency as part of financial regulatory reforms.
- Acronym: OTS
Related Topics
Latest Documents
| Title | Type | Published |
|---|---|---|
|
In accordance with the requirements of the Paperwork Reduction Act (PRA) of 1995 (44 U.S.C. chapter 35), the OCC, the Board, the FDIC, and the OTS (the "agencies") may not conduct or sponsor, and the respondent is not required to respond to, an infor...
|
Notice | Jul 27, 2011 |
|
The proposed information collection request (ICR) described below has been submitted to the Office of Management and Budget (OMB) for review and approval, as required by the Paperwork Reduction Act of 1995, 44 U.S.C. 3507. OTS is soliciting public co...
|
Notice | Jul 20, 2011 |
|
The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to comment on proposed and continuing information collections, as required by the Paperw...
|
Notice | Jul 19, 2011 |
|
The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to comment on proposed and continuing information collections, as required by the Paperw...
|
Notice | Jul 19, 2011 |
|
The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to comment on proposed and continuing information collections, as required by the Paperw...
|
Notice | Jul 19, 2011 |
|
The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to comment on proposed and continuing information collections, as required by the Paperw...
|
Notice | Jul 19, 2011 |
|
The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to comment on proposed and continuing information collections, as required by the Paperw...
|
Notice | Jul 19, 2011 |
| Notice | Jul 15, 2011 | |
|
The proposed information collection request (ICR) described below has been submitted to the Office of Management and Budget (OMB) for review and approval, as required by the Paperwork Reduction Act of 1995, 44 U.S.C. 3507. OTS is soliciting public co...
|
Notice | Jul 13, 2011 |
|
In accordance with the requirements of the Paperwork Reduction
|
Notice | Jul 07, 2011 |
|
The OTS is terminating the collection of data used to calculate and publish the Monthly Median Cost of Funds Index (MMCOF), the Quarterly Cost of Funds Index (QCOF), the Semiannual Cost of Funds Index (SCOF), and other related cost of funds ratios cu...
|
Notice | Jul 06, 2011 |
|
The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to comment on proposed and continuing information collections, as required by the Paperw...
|
Notice | Jun 28, 2011 |
|
The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to comment on proposed and continuing information collections, as required by the Paperw...
|
Notice | Jun 28, 2011 |
|
The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to comment on proposed and continuing information collections, as required by the Paperw...
|
Notice | Jun 28, 2011 |
|
The proposed information collection request (ICR) described below has been submitted to the Office of Management and Budget (OMB) for review and approval, as required by the Paperwork Reduction Act of 1995, 44 U.S.C. 3507. OTS is soliciting public co...
|
Notice | Jun 22, 2011 |
|
The proposed information collection request (ICR) described below has been submitted to the Office of Management and Budget (OMB) for review and approval, as required by the Paperwork Reduction Act of 1995, 44 U.S.C. 3507. OTS is soliciting public co...
|
Notice | Jun 22, 2011 |
|
The proposed information collection request (ICR) described below has been submitted to the Office of Management and Budget (OMB) for review and approval, as required by the Paperwork Reduction Act of 1995, 44 U.S.C. 3507. OTS is soliciting public co...
|
Notice | Jun 22, 2011 |
| Notice | Jun 15, 2011 | |
|
The proposed information collection request (ICR) described below has been submitted to the Office of Management and Budget (OMB) for review and approval, as required by the Paperwork Reduction Act of 1995, 44 U.S.C. 3507. OTS is soliciting public co...
|
Notice | Jun 15, 2011 |
|
The proposed information collection request (ICR) described below has been submitted to the Office of Management and Budget (OMB) for review and approval, as required by the Paperwork Reduction Act of 1995, 44 U.S.C. 3507. OTS is soliciting public co...
|
Notice | Jun 15, 2011 |
No sub-agencies found.