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Nutter Bank Report: January 2021 | Nutter McClennen & Fish LLP


Headlines
FDIC and OCC Adopt Final Rules on the Role of Supervisory Guidance
Data Breach Notice Requirements Proposed for Banks and Their Service Providers
OCC Proposes New National Bank and Federal Thrift Rule for Investments in Premises
Other Developments: Suspicious Activity Reporting, and Escrow Accounts
1. Updated Annual Meeting Guidance for Mutual Banks and Mutual Holding Companies
The Massachusetts Division of Banks has issued new guidance to mutual banks and mutual holding companies that have not yet held their 2020 annual meetings due to the ongoing COVID-19 public health emergency and to clarify the Division’s expectations for 2021 annual meetings. The guidance released on January 21, ....

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