Comptroller's Handbook

On February 12, the Office of the Comptroller of the Currency (OCC) issued the “Installment Lending” booklet of the Comptroller’s Handbook. This revised booklet updates and replaces the “Installment Loans” booklet issued in March 1990 (and examination procedures issued in March 1998). The revised booklet also replaces section 217, “Consumer Lending,” issued in January 2000 as part of the former Office of Thrift Supervision Examination Handbook, for examining federal savings associations. The revised booklet incorporates national bank and federal savings association statutes and regulations, guidance and examination procedures. The booklet also provides updated guidance to examiners on assessing and managing the risks associated with installment lending activities.
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On February 12, the Office of the Comptroller of the Currency (OCC) issued the “Country Risk Management” booklet of the Comptroller’s Handbook. This revised booklet replaces the booklet of the same title issued in March 2008. This booklet is prepared for use by OCC examiners in assessing a bank’s exposure to country risk and includes procedures to evaluate the adequacy of the bank’s country risk management framework. Country risk management topics include board and management oversight; policies and procedures; country exposure reporting system; country risk analysis process; country risk ratings; country exposure limits; monitoring country conditions; stress testing and integrated scenario planning; and independent risk management, internal controls, and audit.
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