+-------+---+----------------------------+-------+-----------------+---+
| # O   | # |                            |       |                 | # |
|       | # |                            |       |                 |   |
| ##    | # |                            |       |                 |   |
|       | # |                            |       |                 | # |
|       |   |                            |       |                 |   |
|       | O |                            |       |                 |   |
|       | C |                            |       |                 | # |
|       | C |                            |       |                 | # |
|       |   |                            |       |                 |   |
|       | 2 |                            |       |                 |   |
|       | 0 |                            |       |                 |   |
|       | 0 |                            |       |                 |   |
|       | 2 |                            |       |                 |   |
|       | - |                            |       |                 |   |
|       | 3 |                            |       |                 |   |
|       | 8 |                            |       |                 |   |
+-------+---+----------------------------+-------+-----------------+---+
|       | * |                            |       |                 |   |
|       | * |                            |       |                 |   |
|       | O |                            |       |                 |   |
|       | C |                            |       |                 |   |
|       | C |                            |       |                 |   |
|       | B |                            |       |                 |   |
|       | U |                            |       |                 |   |
|       | L |                            |       |                 |   |
|       | L |                            |       |                 |   |
|       | E |                            |       |                 |   |
|       | T |                            |       |                 |   |
|       | I |                            |       |                 |   |
|       | N |                            |       |                 |   |
|       | * |                            |       |                 |   |
|       | * |                            |       |                 |   |
+-------+---+----------------------------+-------+-----------------+---+
| ## Co |   |                            |       |                 |   |
| mptro |   |                            |       |                 |   |
| ller  |   |                            |       |                 |   |
| of th |   |                            |       |                 |   |
| e Cur |   |                            |       |                 |   |
| rency |   |                            |       |                 |   |
|       |   |                            |       |                 |   |
| > Adm |   |                            |       |                 |   |
| inist |   |                            |       |                 |   |
| rator |   |                            |       |                 |   |
| > of  |   |                            |       |                 |   |
| > Nat |   |                            |       |                 |   |
| ional |   |                            |       |                 |   |
| >     |   |                            |       |                 |   |
| Banks |   |                            |       |                 |   |
+-------+---+----------------------------+-------+-----------------+---+
| #     |   | ## B                       | ## De | ## Enforcemen   |   |
| # Sub |   | ank Supervision Operations | scrip | t Action Policy |   |
| ject: |   |                            | tion: |                 |   |
+-------+---+----------------------------+-------+-----------------+---+

**TO:** Chief Executive Officers of All National Banks, Federal Branches
and Agencies, Department and Division Heads, and All Examining Personnel

This bulletin makes public [Policies & Procedures Manual (PPM) 5310-3
(REV)](http://www.occ.treas.gov/ftp/ppm/ppm-5310-3.pdf), dated July 30,
2001, which describes the OCC's policy for taking appropriate
enforcement action in response to violations of law, rules, regulations,
final agency orders and/or unsafe and unsound practices or conditions
(Enforcement Action Policy). The revision was sent to OCC employees at
the time of issue. This PPM is applicable to all types of national
banks, as well as federal branches and agencies of foreign banks. It is
also applicable to enforcement actions that the OCC may take against
bank service companies under 12 USC 1861. These policies and procedures
provide only internal OCC guidance. They are not intended to and do not
create rights, substantive or procedural, enforceable at law or in any
administrative proceeding.

Various links to the revised policy are:

<http://www.occ.treas.gov/ftp/ppm/ppm-5310-3.pdf>,

<http://www.occ.treas.gov/faqs.htm>, and

<http://www.occ.treas.gov/enforce/eatypes.htm>

For further information, contact Ronald G. Schneck, Director for Special
Supervision/Fraud at (202) 874-4450.

Jeri Gilland

Deputy Comptroller for

Special Supervision/Fraud