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Guidance on Due Diligence Requirements in Determining Whether Securities Are Eligible for Investment

banking-occ · OCC · Rule · Published 2012-06-13 · Effective 2013-01-01 · 77 FR 35259

Document

Document number
2012-14168
Federal Register citation
77 FR 35259
CFR reference
12 CFR 1
Type
Rule
Action
Final guidance.
Category
banking-occ
Sub-agency
OCC
Publication date
2012-06-13
Effective date
2013-01-01
Treasury docket
Docket ID OCC-2012-0006

Abstract

On November 29, 2011, the Office of the Comptroller of the Currency (OCC) proposed guidance to assist national banks and Federal savings associations in meeting due diligence requirements in assessing credit risk for portfolio investments. Today, the OCC is issuing final guidance that clarifies regulatory expectations with respect to investment purchase decisions and ongoing portfolio due diligence processes.

Source

Authoritative
Federal Register document
Machine
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