Comptroller of the Currency Jonathan V. Gould today issued a statement at the Financial Stability Oversight Council meeting about the Office of the Comptroller of the Currency’s (OCC) work to strengthen its supervision and regulation of banks to better support the U.S. economy.
In his statement, Comptroller Gould discussed the OCC’s recent regulatory efforts to promote financial stability and increase lending capacity as well as reforms to reduce burden and tailor examination activities for community banks. He also signaled future reforms to liquidity risk management, Bank Secrecy Act/anti-money laundering compliance and efforts to reinvigorate de novo chartering.