Recovery Plan Guidelines

SIFMA, The Clearing House Association L.L.C. and the Financial Services Roundtable provide comments to the Office of the Comptroller of the Currency (OCC) on the OCC Guidelines Establishing Standards for Recovery Planning by Certain Large Insured National Banks, Insured Federal Savings Associations, and Insured Federal Branches. The Proposed Guidelines would require any insured national bank, insured Federal savings association, or insured Federal branch of a foreign bank with average total consolidated assets of $50 billion or more to develop a recovery plan that describes options for responding to stress events.

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Docket ID OCC-2015-0017