The Office of the Comptroller of the Currency provided guidance on how the OCC's supervisory approach and processes are applied to the asset management activities of national banks.
News & Insights
An OCC final rule that codifies an exception to the withdrawal period for banks that administer a collective investment fund primarily invested in real estate or other non-readily marketable assets was published in the Federal Register.
The OCC adopted a final rule that codifies an exception to the withdrawal period for banks that administer a collective investment fund primarily invested in real estate or other non-readily marketable assets.
The Office of the Comptroller of the Currency requested feedback on its fiduciary activities rules and a potential rule for non-fiduciary custody activities.
The Office of the Comptroller of the Currency published an updated list of permissible activities for national banks and federal savings associations.