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September 22
FinCEN's Beneficial Owners Proposal: What It Can Mean for You;
Sonja Kriegsmann and John Burnett

September 23
Bankruptcy 101;
Sam Ott

September 30
Revised Escrow Rules - Review and Update;
Jack Holzknecht and Mary Beth Guard

October 7
CRA - Digging for Credit;
Patricia Cashman

October 8
Applicants and Applications: Knowing the Players and the Rules;
David Dickinson

October 15
MasterCard and Reg E: Basic Debit Card Investigations;
Brian Crow



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#1580786 - 07/21/11 08:07 AM Part 329 -Interest On Deposits & Reg Q
Compliance Poster Offline
100 Club

Registered: 09/10/01
Posts: 221
How does the repeal of Regulation Q affect FDIC rules Part 329—Interest On Deposits?

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Deposits and Payments
#1580797 - 07/21/11 08:33 AM Re: Part 329 -Interest On Deposits & Reg Q [Re: Compliance Poster]
Bob The Banker Offline
Platinum Poster

Registered: 05/17/10
Posts: 958
It doesn't.

The interest definition and section on premiums is being transferred to rule 330 Deposit Insurance Coverage.

See the FDIC's Federal Register entry for full details and how 330 will now read.


Edited by Bob The Banker (07/21/11 08:34 AM)
Edit Reason: FR reference

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#1581440 - 07/21/11 05:42 PM Re: Part 329 -Interest On Deposits & Reg Q [Re: Bob The Banker]
John Burnett Offline
10K Club

Registered: 10/27/00
Posts: 30460
Loc: Cape Cod
Part 329 is gone, because the FDIC removed it. But it saved the definition of interest and the section on premiums and stuck them into Part 330.
_________________________
John S Burnett
BankersOnline.com

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