1999 Issues of Regulatory Review

RR 1999 – 01: Home Mortgage Disclosure Exemption Threshold – Federal Reserve Board (Regulation C); Truth-In-Lending Dollar Amount Adjustment – Federal Reserve Board; Repudiation of Asset-Backed Securitizations and Loan Participations – FDIC; HMDA Data Reporting – Home Mortgage Disclosure Act; Bank Secrecy Act Compliance – FinCEN Form for Designation of Exempt Person

RR 1999 – 02: Financial Management Policies: Financial Derivatives – Office of Thrift Supervision; Capital Distributions (Cash Dividends) – Office of Thrift Supervision; Availability of Funds and Collection of Checks – Federal Reserve Board Regulation CC

RR 1999 – 03: Investment Advisory Services to Bank Customers – Office of the Comptroller of the Currency; Consumer Education Guide – FDIC; Federal Income Taxes – Interest Accruals on Short-term Consumer Loans – “Rule of 78s” Method

RR 1999 – 04: RESPA Statement of Policy – Lender Payments to Mortgage Brokers – Department of Housing and Urban Development

RR 1999 – 05: Regulatory Definitions of “Consumer Credit Classified as a Loss,” “Slow Consumer Credit,” and “Slow Loans” Deleted – OTS; Activities of Exempt Savings and Loan Holding Companies – OTS; Federal Bank Regulatory Agencies Withdraw Proposed “Know Your Customer” Rules; Revised Policy for Classifying Retail Credits – FFIEC

RR 1999 – 06: Risk-Based and Leverage Capital Standards Revised – OCC, FDIC, OTS, and Federal Reserve Board; Availability of Funds and Collection of Checks – Federal Reserve Board; Deposit Insurance Regulations: Joint Accounts and “Payable-on-Death” Accounts – FDIC

RR 1999 – 07: Truth-In-Lending Regulation Z: Final Rule/Official Staff Interpretation – Federal Reserve Board; Consumer Leasing – Official Staff Commentary – Federal Reserve Board Regulation M; Collateral Eligible to Secure Federal Home Loan Bank Advances; Currency Transaction Reports and Suspicious Activity Reports – New Address

RR 1999 – 08: Risk-Based Capital Requirements – FDIC, OCC, and FRB; Interagency Y2K Checklist for Customers; Community Bank-Focused Regulation Review – Office of the Comptroller of the Currency

RR 1999 – 09: Community Reinvestment Act – Interagency Questions and Answers; Risk-Based Capital Requirements – FDIC, OCC, and FRB

RR 1999 – 10: Notification for Compliance with the Bank Service Company Act – FDIC; “Your Insured Deposit” Booklet; Summary of Deposits Survey; Consumer Handbook on Adjustable Rate Mortgages; Branch Closings – Joint Policy Statement

RR 1999 – 11: Availability of Funds and Collection of Checks – FRB Regulation CC; Joint Interagency Letter – Allowance for Loan Losses; Expedited Processing Procedures for Merger Applications – FDIC; Interagency Guidance on Year 2000-Related Fraud Prevention; Investment Securities; Rules, Policies and Procedures for Corporate Activities – OCC

RR 1999 – 12: Electronic Transfer Account – Department of the Treasury

RR 1999 – 13: Letters of Credit, Suretyship and Guaranty – Office of Thrift Supervision; Federal Reserve Special Liquidity Facility; Bank Secrecy Act Amendment Applicable to Money Services Businesses – Department of the Treasury

RR 1999 – 14: Management Official Interlocks; FDIC Assessment Procedures

RR 1999 – 15: Reserve Requirements of Depository Institutions – Low Reserve Tranche Adjustment (Federal Reserve Board Regulation D); Equal Credit Opportunity – Federal Reserve Board Regulation B

RR 1999 – 16: Interagency Policy Statement on External Auditing Programs of Banks and Savings Associations (FFIEC); High Loan-to-Value Residential Real Estate Lending

RR 1999 – 17: Potential Violations of Section 8 of RESPA; “High Fee, High Rate” Mortgage Adjustment – Regulation Z

RR 1999 – 18: Insured State Nonmember Banks which are Municipal Securities Dealers FDIC Regulation Rescinded; Revisions to Regulation Z Staff Commentary Relating to Short-Term Cash Advances; FDIC Guidance on Theft of Customer “Identity”