Tag: Office of the Comptroller of the Currency
Three federal regulatory agencies update trading rules for derivatives
An important rule around how large banks measure counter-party credit risk for derivatives contracts has changed.
OCC’s innovation pilot gets little love from banks
The US' Office of the Comptroller of the Currency has received 19 comment letters expressing distaste for its innovation hub.
Varo Money granted preliminary approval for national bank charter
Mobile banking solution Varo Money has become the first FinTech to receive preliminary approval for a national bank charter from the OCC.