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OCC issues proposed rule on EGRPRA-related changes
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Legislation
Friday, March 18, 2016
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Under its obligations under the Economic Growth and Regulatory Paperwork Reduction Act, which requires the Federal Financial Institutions Examination Council to review regulations at least once every 10 years to identify laws that are outdated or otherwise unnecessary, the Office of the Comptroller of the Currency (OCC) has issued a proposal to revise several regulations. Read on for more details and to hear what concerns the American Bankers Association had to express.
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