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The Office of the Comptroller of the Currency, the Federal Reserve Board, and the Federal Deposit Insurance Corporation have finalized a rule called the Net Stable Funding Ratio (NSFR). This rule is designed to ensure large banking organizations maintain stable funding over a one-year period to support their various financial activities. By requiring stable funding, the rule aims to reduce liquidity risks, ensuring banks can continue to operate smoothly even in challenging economic conditions. This rule applies to large U.S. banks and some foreign banks with significant assets, enhancing the overall stability of the financial system.

The Office of the Comptroller of the Currency (OCC) announced adjustments to its maximum civil money penalties to account for inflation. These changes are in line with the Federal Civil Penalties Inflation Adjustment Act of 1990, updated by the Improvements Act of 2015. The updates apply to penalties assessed starting January 10, 2025, for violations occurring on or after November 2, 2015. The OCC used guidance from the Office of Management and Budget to apply the inflation multiplier required for the adjustment.

The Office of the Comptroller of the Currency (OCC) is seeking public comments on the renewal of an information collection effort titled, “Interagency Statement on Complex Structured Finance Transactions.” This initiative, required by the Paperwork Reduction Act of 1995, aims to reduce paperwork and burden on respondents by soliciting public feedback on the necessity and practicality of the information collected. The OCC invites comments by May 12, 2025, on aspects such as the collection’s utility, accuracy of burden estimates, ways to enhance the information quality, and methods to minimize respondent burden, including the use of technology. This notice marks the start of a 60-day comment period before the OCC will submit the collection for approval.

On December 11, 2020, the Office of the Comptroller of the Currency (OCC) published a final rule aimed at updating regulations for national banks and Federal savings associations to improve clarity, safety, and efficiency, while eliminating unnecessary requirements. A subsequent correcting amendment, effective January 11, 2021, addresses missing information and corrects three typographical errors within the final rule. These technical changes do not alter the substance of the regulations and were implemented without requiring the usual public notice and comment process, based on the OCC's determination that such steps were unnecessary. The OCC also ensured that the rule would take effect promptly, waiving typical delays because the changes increase compliance flexibility and reduce burdens for regulated institutions.