SMALL-BANK EXAMS: The OCC released risk-based exams for national banks with less than $1 billion in assets. Rather than scrutinize a small bank's risks and risk management techniques, OCC examiners will focus on performance. Released April 29. Effective Sept 30.
FOREIGN BANKS: The OCC abolished a requirement that foreign banks seeking to open federally chartered U.S. banks submit a separate application to the agency; instead, a bank may use the same form it submits to the Fed. Published May 2. Effective July 1.