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5 October, 13:08

What is the role of the Office of the Comptroller of the Currency?

1. it adjusts the interest rates for loans.

2. it ensures all financial institutions follow banking laws.

3. It protects up to $250,000 of customer deposits.

4. iIt regulates the business practices of stockbrokers.

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Answers (2)
  1. 5 October, 13:20
    0
    What is the role of the Office of the Comptroller of the Currency?

    it ensures all financial institutions follow banking laws.

    Explanation:

    Office of controller of currency is the apex of financial institution in any country and it regulates every financial policies that governs every financial institution in the country and it also enforces strict compliance with any law guiding their establishment which enables such financial institution to perform its duties.
  2. 5 October, 13:35
    0
    2. it ensures all financial institutions follow banking laws.

    Explanation:

    The basic role of the office of the controller of currency is to ensure all banks and other lenders follow and comply with all banking regulations in the united state. It was firmed to regulate the banking sector in the united state of America.
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