This bulletin informs banks of sound risk management principles regarding loan purchase activities.
by Mary Gilmeister, President, Macha
As technology and payments products evolve, so do fraud schemes, operational challenges, and regulatory requirements. Because of this ever-changing payment landscape, it is critical that financial institutions understand their risks and build a management program to control them.
Office of the Comptroller of the Currency Fees and Assessments: Amended Interim Calendar Year 2020 Fees and Assessments Structure
This bulletin informs all national banks, federal savings associations, and federal branches and agencies of foreign banks (banks) of fees and assessments charged by the Office of the Comptroller of the Currency (OCC) for the remainder of calendar year 2020. The bulletin becomes effective September 7, 2020.