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within Intellectual Property, International Law, Food, Drugs, Healthcare and Life Sciences topic(s)
The Office of the Comptroller of the Currency ("OCC")
published a new "Recovery Planning" booklet of the
Comptroller's Handbook.
The booklet contains guidelines for recovery planning for
"covered banks" (generally banks with over $50 billion in
assets or that are unusually complex). The guidelines consist of
(i) a description of the banks to which the guidelines apply, (ii)
standards for designing and executing recovery plans, and (iii)
responsibilities of a bank's management and board in the
recovery planning process.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
