The Office of the Comptroller of the Currency (OCC) has released new guidance on the Bank Merger Act (BMA), marking the beginning of the modernization of the US bank merger review process. The OCC also released the final rule on the BMA. The Department of Justice (DOJ) has announced its withdrawal from the 1995 Bank Merger Guidelines. Director Chopra has cautioned against a new form of 'rent-a-bank' arrangements. This information was provided by NelsonMullins.