OCC details several reforms to reduce regulatory burdens for community banks
The Office of the Comptroller of the Currency (OCC) has launched several reforms to reduce the supervisory and regulatory burdens for community banks. The OCC has also taken actions to reaffirm its commitment to risk-based supervision and tailor its supervisory activities for community banks. “Community banks are anchors of local economies, providing essential banking services and small business lending that helps power job creation,” Comptroller of the Currency Jonathan Gould said. ...
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