Comptroller of the Currency Jonathan Gould said the OCC is working to reduce burden and tailor supervision for community banks and has no intention of slowing down.
Details: Speaking in Washington, Gould said:
- Sound supervision and a healthy banking system are not objectives that can be achieved by subjecting all banks to the same standards.
- Recent OCC actions on capital, examination cycles, third-party risk management, and supervisory standards have freed up an estimated $64 billion in capital.