Profile: OCC's Walsh on Volcker rule leaks, Dodd-Frank divergence and bank capital
The US Office of the Comptroller of the Currency has been working closely with other US supervisors to draw up new regulation related to the Dodd-Frank Act – but the various agencies don’t always see eye to eye on how best to proceed. Acting comptroller John Walsh talks to Mark Pengelly
Creating a detailed blueprint for implementation of the hugely complex Dodd-Frank Act was never going to be easy. Asking several supervisory agencies to co-operate in drawing up granular sets of rules that fit together perfectly makes the task even more difficult. No wonder, then, that the various agencies have disagreed on occasion. But some of these disagreements have turned into very public
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