Effective date OCC final rule integrating OCC licensing regulations
The Office of the Comptroller of the Currency has published a final rule [80 FR 28345] to integrate its rules relating to policies and procedures for corporate activities and transactions involving national banks and Federal savings associations, to revise some of these rules in order to eliminate unnecessary requirements consistent with safety and soundness and to promote fairness in supervision, and to make other technical and conforming changes. The OCC also is adopting amendments to update its rules for agency organization and function. The final rule affects regulations at 12 CFR Parts 4, 5, 7, 14, 24, 32, 34, 100, 116, 143–146, 150, 152, 159–163, 174, 192 and 193. The changes will become effective July 1, 2015.
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