^®: CRE Regulatory Action of the Week

Comment on Proposed Changes to OCC Recovery Planning Guidelines
The Office of the Comptroller of the Currency is proposing to amend its enforceable guidelines relating to recovery planning standards for insured national banks, insured federal savings associations, and insured federal branches. These proposed amendments would increase the average total consolidated assets threshold for applying the Guidelines from $50 billion to $250 billion. In addition, the proposed changes to the Guidelines would decrease from 18 months to 12 months the time within which a bank should comply with the Guidelines after the bank becomes subject to them. Finally, the proposal would make technical amendments to remove outdated compliance dates. The Comptroller's Office must receive any comments by