The Office of the Comptroller of the Currency (OCC) is
finalizing its lending limits interim final rule, with revisions. The
interim final rule consolidated the lending limits rules applicable to
national banks and savings associations, removed the separate OCC
regulation governing lending limits for savings associations, and
implemented section 610 of the Dodd-Frank Wall Street Reform and
Consumer Protection Act, which amends the statutory definition of
``loans and extensions of credit'' to include certain credit exposures
arising from derivative transactions, repurchase agreements, reverse
repurchase agreements, securities lending transactions, and securities
borrowing transactions.
Lending Limits
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