I. INTRODUCTION
The Office of the Comptroller of the Currency (OCC) released a revised version of a publication in October 2017, entitled Activities Permissible for a National Bank and Federal Savings Associations (2017). This 112-page guide updates OCC interpretations and decisions that authorize activities for National banks and their operating subsidiaries. The guide’s website address is: https://www.occ.gov/publications/publications-by-type/other-publications-reports/pub-activities-permissible-for-nat-banks-fed-saving.pdf
The following are the complete list of activities found on the publication’s “Contents” pages:
II. SUMMARY OF ACTIVITIES AUTHORIZED
General Banking Activities
Fiduciary Activities
Insurance and Annuities Activities
Securities Activities
Compliance
Investments
Preemption
III. ACTIVITIES PERMISSIBLE FOR A NATIONAL BANK
National banks may engage in activities that are part of, or incidental to, the business of banking, or are otherwise authorized for a national bank. A federal savings association may engage in activities that are authorized under Section V of the Homeowner's Loan Act, or are otherwise authorized for a federal savings association. The business of banking is an evolving concept and the permissible activities of national banks and federal savings associations similarly evolve over time. Accordingly, this list is not exclusive; the OCC may permit national banks and federal savings association to conduct additional activities in the future. Any activity described in this summary as permissible for a national bank or federal savings association is also permissible for an operating subsidiary of a national bank or federal savings association. The reverse is also true: any activity described as permissible for an operating subsidiary is also permissible for the national bank or federal savings association to engage in directly.