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Assessment of Fees; National Banks; District of Columbia Banks

banking-occ · OCC · Rule · Published 1996-12-02 · Effective 1996-12-02 · 61 FR 64000

Document

Document number
96-30763
Federal Register citation
61 FR 64000
CFR reference
12 CFR 8
Type
Rule
Action
Interim rule with request for comment.
Category
banking-occ
Sub-agency
OCC
Publication date
1996-12-02
Effective date
1996-12-02
Treasury docket
Docket No. 96-27

Abstract

The Office of the Comptroller of the Currency (OCC) is amending its regulation governing assessments by providing that national banks that are not the largest national bank in a bank holding company (referred to as non-lead banks) will pay assessments that are less than these banks otherwise would pay. This amendment reflects the cost savings that are realized by the OCC's Supervision by Risk Program, whereby the OCC focuses on the risk profile of a consolidated company. The intended effect of this rulemaking is to enable the OCC to lower assessments on non-lead banks.

Source

Authoritative
Federal Register document
Machine
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