Bankowość · 13.06.2012
Guidance on Due Diligence Requirements in Determining Whether Securities Are Eligible for Investment
On November 29, 2011, the Office of the Comptroller of the Currency (OCC) proposed guidance to assist national banks and Federal savings associations in meeting due diligence requirements in assessing credit risk for portfolio investments. Today, the OCC is issuing final guidance that clarifies regulatory expectations with respect to investment purchase decisions and ongoing portfolio due diligence processes.
Source: Federal Register — Office of the Comptroller of the CurrencyOpen original release →