Comptroller Hsu News Today

In a recent speech at Vanderbilt University, Acting Comptroller of the Currency Michael Hsu discussed his views on the potential risk of financial instability due to the merging...

The OCC recently released a proposed rule and policy statement on business combinations involving national banks and federal savings associations (banks)...

The Situation: On January 29, 2024, the Office of the Comptroller of the Currency ("OCC") requested comment on a proposed rule updating its bank merger rules and incorporating a policy statement...

ABA President and CEO Rob Nichols, Federal Reserve Governor Michelle Bowman and Acting Comptroller of the Currency Michael Hsu will address community bankers from across the country at the American...

The OCC recently released a proposed rule and policy statement on business combinations involving national banks and federal savings associations (banks), which includes mergers,...

On January 29, 2024, the Office of the Comptroller of the Currency (the “OCC”) proposed guidance in the form of a policy statement to provide greater transparency around the factors...

On January 29, 2024, the Office of the Comptroller of the Currency (the “OCC”) proposed guidance in the form of a policy statement to provide greater…

On August 29, at a Board Meeting for the Federal Deposit Insurance Corporation (FDIC), Comptroller of the Currency Michael J. Hsu issued a statement supporting the insured depository...

The federal banking agencies have published new guidance to help banking organizations manage risks associated with third-party relationships, including relationships with financial...

As banks grapple with these two kinds of innovation in particular, Acting Comptroller Hsu referred to OCC guidance regarding New, Modified, or Expanded Bank Products and Services, as well as guidance on Model Risk Management and regarding Third-Party Risk Management