Final Rule on Electronic Banking

Topics:
Commercial Banking
Tags:
Bank,
Comptroller,
Electronic Banking,
Financial Services,
Microsoft Office
Source:
Office of the Comptroller of the Currency

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Overview: The Office of the Comptroller of the Currency (OCC) is amending its regulations in order to facilitate national banks' ability to conduct business using electronic technologies, consistent with safety and soundness. This final rule groups together new and revised regulations addressing: national banks' exercise of their Federally authorized powers through electronic means; the location, for purposes of the Federal banking laws, of a national bank that engages in activities through electronic means; and the disclosures required when a national bank provides its customers with access to other service providers through hyperlinks in the bank's website or other shared electronic space.

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Format: PDF | Size: 127KB | Date: Apr 2002 | Pages: 15

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