Comptroller of the Currency Thomas J. Curry announced that he will step down as Comptroller on May 5, 2017. In a speech before a FinTech conference, he reaffirmed the OCC's continuing commitment to facilitate innovation.
In a speech at the LendIt USA 2017 conference, Comptroller of the Currency Thomas J. Curry described how his Office regulates the financial technology industry and supports innovation within the federal banking system.
The Office of the Comptroller of the Currency ("OCC") examined risks facing national banks and federal savings associations. In its Semiannual Risk Perspective for Fall 2016, the OCC concluded that high compliance risk continues for these institutions.
The Office of the Comptroller of the Currency ("OCC"), the Board of Governors of the Federal Reserve ("FRB") and the Federal Deposit Insurance Corporation ("FDIC") held the sixth and final Economic Growth and Regulatory Paperwork Reduction Act ("EGRPRA") Outreach Meeting. FRB Governor Daniel K...