Tag: minority_depository_institutions
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OCC Revises MDI Policy to Align with FIRREA and Deregulatory Initiative
The OCC has updated its policy statement for Minority Depository Institutions, aligning the definition with FIRREA and Executive Order 14219. This move aims to streamline regulations and remove outdated information, ensuring lawful governance in banking.
Politics and GovernmentBusinessFederal GovernmentEconomyBankingLegalGeneral Politics Minority Depository InstitutionsOffice of the Comptroller of the CurrencyRegulatory UpdateFinancial Institutions Reform, Recovery, and Enforcement ActExecutive Order 14219Government PolicyOffice of the Comptroller of the Currency (OCC)