The OCC issued a revised version of the “Changes in Directors and Senior Executive Officers” booklet of the Comptroller’s Licensing Manual. This revised booklet replaces the prior version which was issued in October 2009, and incorporates updated regulations that became effective July 1, 2015, addressing changes in directors and senior executive officers of national banks, federal savings associations, and federal branches of non-US banks. Specifically, the revised booklet explains when prior notice for changes in directors and senior executive officers is required, provides institutions with information regarding the contents of complete notices and addresses the 90-day review period.
View the updated booklet.