A month-by-month replay of 2004 from the pages of BANKNEWS Mid-Week
January. TWO FINAL RULES that reflect the federal character of the national banking system have been issued by the Office of the Comptroller of the Currency. The OCC said the regulations enhance the ability of national banks to plan their activities with predictability and to operate efficiently, subject to effective and efficient supervision.
The first rule codifies a series of court decisions and OCC interpretations, establishes symmetry with federal thrifts regarding the types of state laws that apply to national banks and includes a strong anti-predatory lending standard. The second rule clarifies the …
No comments:
Post a Comment