Latest Compliance - eBanking/Email Topics

On September 16, 1996, the Federal Reserve Board issued final regulations to implement the Truth in Lending Act Amendments of 1995.

The Federal Reserve Board final revisions to the Official Staff Commentary to Regulation B provide guidance on the treatment of age in tiered credit scoring systems, obtaining monitoring data for a

Existing law provides for an 18-month examination cycle for certain small banks rather than the 12 month cycle applicable to larger banks.

Question: If a director's account has an overdraft and the director covers the overdraft before the 2:00 p.m. pay/no-pay deadline, is the overdraft a loan for purposes of Regulation 0?

A provision buried in the regulatory burden act's section on "Regulatory Micromanagement Relies" requires the bank regulatory agencies to review requirements for internal written policies to identi