The Office of the Comptroller of the Currency (OCC) rescinded certain Office of Thrift Supervision (OTS) documents as part of its ongoing implementation of Dodd-Frank. Any institution supervised by the OTS could be affected and should review the rescinded documents as well as continue its review of the OCC’s supervisory methodology.
On May 17, 2012, the Office of the Comptroller of the Currency (OCC) rescinded certain Office of Thrift Supervision (OTS) documents as part of its ongoing implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. Several of the rescinded documents focus on examination and supervision of federal savings associations (FSAs). Many of the rescinded documents have been replaced by specific OCC documents now applicable to FSAs. The Comptroller’s Handbook explains the OCC’s supervisory methodology, while two key booklets, Community Bank Supervision and Large Bank Supervision, provide additional resources for FSA’s.
Please reference the OCC bulletin dated May 17, 2012 for further information. The OCC will continue to provide updates on the policy integration process by issuing additional bulletins. Your institution can stay updated by subscribing to the OCC Bulletins RSS Feed.