Comptroller's licensing manual. Background investigations

Original publisher: Washington, DC : Comptroller of the Currency, [2009] OCLC Number: (OCoLC)727047194 Subject: National banks (United States) -- Licenses -- Handbooks, manuals, etc. Excerpt: ... redundant, does not serve the agency's purpose for the background investigation, or other reasons. Discretionary Background Checks The agencies will pursue any additional background checks they believe are appropriate to individual circumstances. Such checks may include, but are not limited to, requests for background information from the Internal Revenue Service, the Securities and Exchange Commission, the Commodity Futures Trading Commission, the National Association of Securities Dealers, Interpol, the Central Intelligence Agency, the U.S. State Department, and state and local law enforcement agencies. Background Investigations Requiring Fingerprints The agencies may obtain fingerprints from individuals if fingerprints are required to access information necessary for a background investigation. Fingerprints will be obtained at the discretion of the agencies, and particularly, if information obtained from the standard and discretionary checks suggest that further investigation of an individual are warranted. Documentation of Scope of Background Checks The agencies will establish procedures for documenting the scope and results of background investigations in case files. Background Investigations for Change in Control and / or Holding Company Notices The Change in Bank Control Act ( 12 USC 1817 ( j ) ) and the Change in Savings and Loan Control Act ( 12 USC 1730 ( q ) ) require the agencies to conduct an investigation of the competence, experience, integrity, and financial ability of a proposed acquirer, and to make an independent determination of the accuracy and completeness of any information submitted in a change in control notice. Accordingly, the agencies will: • Investigate the backgrounds of all change in control notice filers in accordance with the guideline...