The OCC authorized national banks, federal savings associations, and federal branches and agencies of foreign banks to close offices located in areas affected by severe weather along the U.S. Gulf Coast. The OCC proclamation also referred to previously issued supervisory guidance on emergency conditions.
Recent News & Legal Updates
- The FCA’s Developing Approach To Nonfinancial Misconduct By Individuals In The Financial Services Sector
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- Banking Transformation: The New Agenda
- European Central Bank Plans To Fine Banks For Failures To Address Climate Change
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- Federal Reserve Proposes Changes To Rating System For Large Financial Institutions
- Stronger Banking Governance In Indonesia
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- Specialty Finance To Securitisation
- Proposals For An Improved European Banking Union Framework – Part II