The Labor Department announced it would hold a public hearing in January to review whether Credit Suisse should be granted a waiver to continue overseeing many pension funds and individual retirement accounts. The agency gave the bank a temporary exemption to continue doing such work while the review continued to “avert possible disruptions in retirement plan investments.”

The Labor Department also announced that it had proposed a waiver for Credit Suisse, but that no decisions would be finalized until after the public has had its say at the Jan. 15 hearing.

After intense scrutiny from some lawmakers, Credit Suisse pleased guilty in May to helping U.S. citizens evade taxes, making it the largest bank in the last two decades to do so.