Office of the Comptroller of the Currency

The Office of the Comptroller of the Currency is an independent bureau of the U.S. Department of the Treasury that charters, regulates, and supervises all national banks and federal savings associations.

Why it’s in the news: It is in the news for beginning to question banks about their artificial intelligence use during routine examinations.

Latest on Office of the Comptroller of the Currency

• Banking regulators from the Office of the Comptroller of the Currency and the Federal Reserve began questioning banks about their artificial intelligence use during routine examinations
• American Express hit with $350M penalty for lax BSA/AML compliance program
• Bank group sues U.S. regulator over granting crypto trust charters

Connections

5 entities linked to Office of the Comptroller of the Currency across the news graph.