OCC Proposes Eliminating ‘Outdated’ Licensing Rules
American Banker, Mar. 5, 2020–Brendan Pedersen (subscription)
As part of a review, the agency said it had identified requirements dealing with operating subsidiaries, non-controlling investments by banks and other corporate activities that were no longer necessary.
https://www.americanbanker.com/news/occ-proposes-eliminating-outdated-licensing-rules