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Integration of National Bank and Savings Association Regulations: Interagency Rules

aml-bsa-fincen · OCC · Rule · Published 2014-05-16 · Effective 2014-06-16 · 79 FR 28393

Document

Document number
2014-11406
Federal Register citation
79 FR 28393
CFR reference
12 CFR 14
Type
Rule
Action
Final rule.
Category
aml-bsa-fincen
Sub-agency
OCC
Publication date
2014-05-16
Effective date
2014-06-16
Treasury docket
Docket ID OCC-2014-0006

Abstract

The Office of the Comptroller of the Currency (OCC) is combining certain rules originally issued jointly with the other Federal banking agencies by the OCC with respect to national banks and by the former Office of Thrift Supervision (OTS) with respect to savings associations. Specifically, the OCC is combining rules relating to consumer protection in insurance sales, Bank Secrecy Act (BSA) compliance, management interlocks, appraisals, disclosure and reporting of Community Reinvestment Act (CRA)-related agreements, and the Fair Credit Reporting Act (FCRA). This rulemaking also makes technical amendments to the OCC's FCRA rule to conform to provisions of the Dodd- Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act or Act). This rulemaking will not result in any substantive changes in the combined rules. It will, however, streamline OCC rules, reduce duplication, and create efficiencies by establishing a single set of these rules for all entities supervised by the OCC.

Source

Authoritative
Federal Register document
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