OCC proposes integration of licensing rules

The Office of the Comptroller of the Currency has published in today's Federal Register a proposed rule [79 FR 33259] that would integrate its rules relating to policies and procedures for corporate activities and transactions involving national banks and Federal savings associations, to revise some of those rules in order to eliminate unnecessary requirements consistent with safety and soundness, and to make other technical and conforming changes. The OCC also is proposing amendments to update its rules for agency organization and function. Comments are due by August 11, 2014.