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OCC Bulletin 2019-13
March 15, 2019
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Chief Executive Officers of All National Banks, Federal Savings Associations, and Federal Branches and Agencies of Foreign Banking Organizations; Department and Division Heads; All Examining Personnel; and Other Interested Parties
The Office of the Comptroller of the Currency (OCC) issued today the "Recovery Planning" booklet of the Comptroller's Handbook. The booklet explains effective recovery planning pursuant to 12 CFR 30, appendix E, "OCC Guidelines Establishing Standards for Recovery Planning by Certain Large Insured National Banks, Insured Federal Savings Associations, and Insured Federal Branches." This updated booklet replaces a similarly titled booklet issued in April 2018.
Updates are summarized in the "Table of Updates Since Publication" in the back of the booklet. Refer to the "Foreword" booklet of the Comptroller's Handbook for more information regarding the OCC's process for updating booklets.
With the issuance of this booklet, the following documents are rescinded:
The "Recovery Planning" booklet only applies to covered banks. A covered bank means any bank with average total consolidated assets
This booklet provides
The updates to the booklet incorporate revisions to the enforceable guidelines relating to recovery planning standards for covered national banks, federal savings associations, and federal branches,1 which
The OCC amended its enforceable guidelines relating to recovery planning standards on December 27, 2018, to limit the application of the guidelines to the largest, most complex banks and thereby provide regulatory burden relief to smaller, less complex banks.
Contact Judi McCormick, Governance and Operational Risk Policy analyst, at (202) 649-6550.
Grovetta N. Gardineer
Senior Deputy Comptroller for Bank Supervision Policy
1 Refer to 83 Fed. Reg. 66604 (December 27, 2018).