By Treasury Department, Comptroller of the Currency
AI Summary
The OCC is proposing revised procedures for appeals of material supervisory determinations. The changes aim to enhance the independence and efficiency of the appeals function based on their experience.
Texas Relevance
No specific mention or relevance to Texas credit unions in the article.
Original Content
The Office of the Comptroller of the Currency (OCC) is issuing a notice of proposed rulemaking to establish revised procedures and policies for appeals of material supervisory determinations by OCC supervised entities. The proposed changes would reflect the OCC's experience administering the bank appeals process and are intended to enhance the independence and efficiency of the appeals function.