Exception Tracking Spreadsheet (TicklerTrax™)
Downloaded by more than 1,000 bankers. Free Excel spreadsheet to help you track missing and expiring documents for credit and loans, deposits, trusts, and more. Visualize your exception data in interactive charts and graphs. Provided by bank technology vendor, AccuSystems. Download TicklerTrax for free.
OCC proposes revisions to Recovery Planning Guidelines
The OCC has requested comment on a proposal to revise its recovery planning guidelines for certain large insured national banks, federal savings associations, and federal branches (banks).
The proposed rulemaking is part of the OCC’s effort to ensure that large banks are adequately prepared and have developed a plan to respond to the financial effects of severe stress, particularly in light of the contagion effects and systemic risks they may pose.
The proposal would:
- Expand recovery planning guidelines to apply to banks with at least $100 billion in assets
- Incorporate a testing standard for recovery plans
- Clarify the role of non-financial risk (including operational and strategic risk) in recovery planning
Comments from the public will be accepted for 30 days following publication of the proposed in the Federal Register.
Publication and comment period update: Published 7/3/2024 at 89 FR 55114. The comment period will close 8/2/2024.
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