Most Popular Compliance Content
FRB Extends Comment Period on Regulation CC Merger Rule
12/01/1998
The FRB has extended the comment period for its Notice of Proposed Rulemaking on Regulation CC's time limits that would apply to banks merging between July 1, 1998 and July 1, 1999.
Question & Answer
12/01/1998
Question: I have just learned that a branch manager has been accepting cash deposits from a customer who says he is helping his mother by moving money from her "mattress" into the bank.
Which Burners Are Hot
12/01/1998
by Pat Patrick, BANC ONE National Regulatory Compliance Division
FDIC Website Helps With RESPA
12/01/1998
If your bank sets up escrow accounts for very few loans that are subject to RESPA, preparing the escrow disclosures can be a tedious process.
KYC Finally Published
12/01/1998
The agencies have simultaneously published proposed Know Your Customer ("KYC") regulations for comment. The rules are not a one-size-fits-all approach.