9 May 2025

🏦OCC Solicits Comments on Consumer Protections for Insurance Sales

Office of the Comptroller of the Currency Agency Information Collection Activities: Information Collection Renewal; Comment Request; Consumer Protections for Depository Institution Sales of Insurance

Summary

The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995 (PRA). In accordance with the requirements of the PRA, the OCC may not conduct or sponsor, and the respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. The OCC is soliciting comment concerning renewal of its information collection titled "Consumer Protections for Depository Institution Sales of Insurance."

Agencies

  • Treasury Department

Business Impact ?

$$ - Med

The document centers on the renewal of an information collection regarding consumer protections for insurance sales by depository institutions, which directly affects compliance and regulatory requirements for businesses involved in such sales. The required disclosures must be prepared and provided by these entities, impacting their operational procedures.

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