Page 64 - Acting Comptroller News Today

The Office of the Comptroller of the Currency (OCC) recently entered into a consent order with the first federally-chartered digital asset bank.

<p><span>Acting Comptroller of the Currency Michael J. Hsu issued the following statement after his appearance today at the Artificial Intelligence and the Economy: Charting a Path for Responsible and Inclusive AI symposium hosted by the U.S. Department of Commerce, National Institute of Standards and Technology (NIST), FinRegLab, and the Stanford Institute for Human-Centered Artificial Intelligence.</span></p>

The Office of the Comptroller of the Currency (OCC) has issued a consent order against digital asset custody services provider Anchorage Digital Bank over Bank Secrecy Act anti-money laundering failures.

On April 1, Acting Comptroller of the Currency Michael J. Hsu stated that the OCC, under the “significant role” it plays in national bank mergers, is considering certain “resolvability...

The Federal Reserve Board published its March Industrial Production and Capacity Utilization data release…

Sports Teams and Messaging Apps Go All-In on NFTs, Potential Hack Foiled - A major U.S. football team has reportedly inked a lucrative sponsorship deal with a...

The House and Senate are both in recess for the next two weeks. Congress did not pass the bipartisan $10 billion COVID relief package before leaving for recess due to a dispute over...

Like most industries today, Consumer Finance Services businesses are being significantly impacted by the novel coronavirus (COVID-19). Troutman Pepper has developed a dedicated COVID-19...

The FDIC wants insured banks to report their crypto actions, while states look to exempt companies in the space from certain regulations.

On March 25, 2022, the Federal Deposit Insurance Corporation (FDIC) officially released its Request for Information and Comment on Rules, Regulations, Guidance, and Statements of Policy Regarding Bank Merger Transactions (current RFI).