OCC issued notice of voluntary Economic Growth and Regulatory Paperwork Reduction Act review to identify regulations that are outdated, unnecessary, and unduly burdensome to depository institutions (July 25, 2025).
OCC issued a joint proposal to rescind the 2023 Community Reinvestment Act final rule and replace it with the original 1995 CRA regulations (July 16, 2025).
OCC issued a joint statement on risk-management considerations for crypto-asset safekeeping (July 14, 2025).
In response to EO 14281, OCC announced removal of references to disparate impact liability from the "Fair Lending" booklet of the Comptroller's Handbook (July 14, 2025).
OCC issued a joint proposed rulemaking to modify certain regulatory capital standards applicable to GSIBs (June 27, 2025).
OCC issued an order granting an exemption from customer identification program requirements to allow the use of alternative collection method to obtain customer TIN information before account opening (June 27, 2025).
In response to EO 14294, the OCC issued guidance describing its plan to address criminally liable regulatory offenses and announcing a general policy on the referral of alleged violations of criminal regulatory offenses to the DOJ (June 23, 2025).
OCC published a letter reaffirming support and defense of its preemption regulations as consistent with federal law, Supreme Court precedent, and the Administration's Executive Orders (June 9, 2025).
OCC adopted an interim final rule rescinding its 2024 policy statement on its review of applications under the Bank Merger Act and restoring previous application review procedures (May 8, 2025).
OCC published IL-1184 to confirm that national banks and federal savings associations may buy and sell assets held in custody at the customer's direction and are permitted to outsource to third parties bank-permissible crypto-asset activities subject to appropriate third-party risk management practices (May 7, 2025).
OCC withdrew participation in interagency principles for climate-related risk management for large financial institutions (March 31, 2025).
In light of pending litigation, OCC announced intent to issue a proposal to both rescind the 2023 CRA final rule and reinstate the prior CRA framework (March 28, 2025).
OCC conditionally approved a fintech business model for a national bank (March 17, 2025).
OCC withdrew its participation in the joint statement on crypto-asset risks to banking organizations and the joint statement on liquidity risks to banking organizations resulting from crypto-asset market vulnerabilities (March 7, 2025).
OCC published IL-1183 to confirm that crypto-related custody, certain stablecoin activities, and participation in independent node verification networks are permissible for national banks and federal savings associations and rescind the requirement for OCC-supervised institutions to receive supervisory nonobjection and demonstrate that they have adequate controls in place before they can engage in these cryptocurrency activities (March 7, 2025).
Asserting that it does not fall within the OCC's statutory mandate, the OCC withdrew from the Network of Central Banks and Supervisors for Greening the Financial System (Feb. 11, 2025).
New Administration Outlook: Helping you navigate post-election uncertainty in 2025 and beyond—insight and analysis from Davis Wright Tremaine attorneys.
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