<searchTitle>OCC Guidelines Establishing Standards for Recovery Planning by Certain Large Insured National Banks, Insured Federal Savings Associations, and Insured Federal Branches; Federal Register Vol. 89, Issue </searchTitle>
<granuleClass>RULE</granuleClass>
<accessId>2024-24402</accessId>
<agency order="1">DEPARTMENT OF THE TREASURY</agency>
<agency order="2">Office of the Comptroller of the Currency</agency>
<effectiveDate>2025-01-01</effectiveDate>
<departmentDoc>Docket ID OCC-2024-0008</departmentDoc>
<rin number="1557-AF27"/>
<billingCode>4810-33-P</billingCode>
<frDocNumber>2024-24402</frDocNumber>
<action>Final guidelines.</action>
<summary>The Office of the Comptroller of the Currency is amending its enforceable recovery planning guidelines to apply them to insured national banks, insured Federal savings associations, and insured Federal branches of foreign banks with average total consolidated assets of $100 billion or more; incorporate a testing standard; and clarify the role of non-financial (including operational and strategic) risk in recovery planning.</summary>
<dates>The final guidelines are effective on January 1, 2025.</dates>
<contact>Kimberly Jameson, Lead Expert, Market Risk, (202) 322-8527; Andra Shuster, Senior Counsel, Karen McSweeney, Special Counsel, or Priscilla Benner, Counsel, Chief Counsel's Office, (202) 649-5490; 400 7th Street SW, Washington, DC 20219. If you are deaf or hard of hearing or have a speech disability, please dial 7-1-1 to access telecommunications relay services.</contact>
<cfr title="12">
<part number="30"/>
<subject>Banks</subject>
<subject>Banking</subject>
<subject>Consumer Protection</subject>
<subject>National Banks</subject>
<subject>Privacy</subject>
<subject>Safety and Soundness</subject>
<subject>Reporting and Recordkeeping Requirements</subject>
...</cfr>
<tocDoc>Guidelines Establishing Standards for Recovery Planning by Certain Large Insured National Banks, Insured Federal Savings Associations, and Insured Federal Branches, </tocDoc>
<urlRef>https://www.regulations.gov/document/OCC-2024-0008-0004</urlRef>
<urlRef>www.reginfo.gov/public/do/PRAMain</urlRef>