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The US Office of the Comptroller of the Currency announced that it will launch a web-based system for banks to file licensing and public welfare investment applications and notices early next year.
On November 7, 2016, the US Office of the Comptroller of the
Currency announced that it will launch a web-based system for banks
to file licensing and public welfare investment applications and
notices early next year. The Central Application Tracking System
will allow OCC-supervised institutions to draft, submit and track
applications and notices online. The system also will allow OCC
staff to receive, process and manage those submissions online. The
first phase of the system's rollout will start on January 17,
2017, with the second and third phases set to begin that spring.
The new system will replace the current OCC systems, e-Corp and
CD-1 Invest. Before the phase 1 rollout, the OCC will provide
webinars and resources to explain registration and use of the new
system.
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