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OCC updates handbook with governance, risk standards
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Banking
Tuesday, August 16, 2016
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The Office of the Comptroller of the Currency (OCC) on July 29 released updates to the “Corporate and Risk Governance” booklet of its Comptroller’s Handbook, which assists OCC examiners with their oversight and supervision of national banks and federal savings associations. Here’s what the new booklet has to say about the type of governance practice every bank should have in place, and how banks should handle various risks.
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