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Regulation A- Governs Credit to Banks
This part establishes rules under which the Federal Reserve Bank
(FRB) may extend credit to depository institutions and others. Includes
monetary policy, supply of reserves and lending functions.
Code
of Federal Regulations. Title 12 Sec. 201
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Regulation B- Equal Credit Opportunity Act
The purpose of this regulation is to promote the availability of
credit to all creditworthy without regard basis to race, color,
religion, national origin, sex, martial status, age, receipt of
public assistance or the fact that the applicant has exercised any
right under the Consumer Credit Protection Act.
Code
of Federal Regulations. Title 12 Sec. 202
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Regulation C- Home Mortgage Disclosure Act (HMDA)
The purpose of this regulation implements the Home Mortgage Disclosure
Act (HMDA) which is intended to provide regulators and the public
with the loan data that can be used to determine whether banks are
serving the credit housing needs of their communities. Loan Application
Register (LAR) are required to be maintained by lenders as a mechanism
to report the data. (12 CFR 203)
Code
of Federal Regulations. Title 12 Sec. 203
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Regulation D- FRB Reserve Requirements
The purpose of this regulation relates to reserve requirements that
depository institutions are required to maintain at the Federal
Reserve Bank (FRB). (12 CFR 204)
Code
of Federal Regulations. Title 12 Sec. 204
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Regulation E- Electronic Fund Transfer Act
The purpose of this regulation is the implementation of the Electronic
Fund Transfers Act. This Act established the basic rights, responsibilities
and liabilities of customers and financial institutions who use
electronic fund transfer services.
Code
of Federal Regulations. Title 12 Sec. 205
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Regulation F- Interbank Liabilities
The purpose of this regulation is to limit the risk that the failure
of a depository institution would pose to insured depository institutions.
Policies and procedures are required to prevent excessive exposure
to correspondent banks.
Code
of Federal Regulations. Title 12 Sec. 206
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Regulation G- CRA
The purpose of this regulation is the disclosure and reporting of
CRA related agreements.
Code
of Federal Regulations. Title 12 Sec. 207
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Regulation H- Membership of State Banking Institutions
In The Federal Reserve System
The purpose of this regulation is to provide standards for state-charted
banks for membership into the Federal Reserve System. The regulation
also addresses issues including: capital adequacy, flood insurance,
appraisals, branchy and bank security. (12 CFR 208)
Code
of Federal Regulations. Title 12 Sec. 208
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Regulation I- FRB Stock
The purpose of this regulation implements the Federal Reserve Act
relating to the issuance and cancellation of FRB stock.
Code
of Federal Regulations. Title 12 Sec. 209
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Regulation J- Collection of Checks
This regulation governs the collection of checks and other cash
and noncash items and the handling of returned checks by Federal
Reserve Banks.
Code
of Federal Regulations. Title 12 Sec. 210
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Regulation K- International and Foreign Activities
This regulation sets rules governing the international and foreign
activities of U.S. banks, including procedures for establishing
foreign branches and Edge and agreement corporations. The regulation
also governs investment in foreign organizations.
Code
of Federal Regulations. Title 12 Sec. 211
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Regulation L- Depository Institutions Management
Interlock Act
This regulation implements the Depository Institutions Management
Interlock Act and fosters competition. Prohibit in an individual
from acting as directors, officer, etc. of two nonaffiliated financial
institutions, where management interlock would have an anticompetitive
effect.
Code
of Federal Regulations. Title 12 Sec. 212
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Regulation M- Truth In Lending Act (Regulation
Z)
This regulation implements the consumer leasing provision of the
Truth in Lending Act (Regulation Z).
Code
of Federal Regulations. Title 12 Sec. 213
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Regulation N- Governs Transactions Between Federal
Reserve Banks and Foreign Banks
This regulation governs relationships and transactions between Federal
Reserve Banks and foreign banks or groups of foreign banks.
Code
of Federal Regulations. Title 12 Sec. 214
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Regulation O- Loans To Insiders
This regulation governs the extensions of loans by Member Banks
to their directors, executive officers, principal shareholders (10%+),
and their related interest.
Code
of Federal Regulations. Title 12 Sec. 215
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Regulation P- Privacy Protection
This regulation governs the treatment of nonpublic personal information
about consumers by the financial institution. (Gramm-Leach-Bliley
Act of 1999)
Code
of Federal Regulations. Title 12 Sec. 216
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Regulation Q- Interest on Deposits and Advertising
This regulation prohibits the payment of interest on "demand deposits"
and provides rules and restrictions relating to advertising.
Code
of Federal Regulations. Title 12 Sec. 217
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Regulation R- Repealed December 6, 1996
Repealed December 6, 1996. Dealth with interlocking relationships
between securities dealers and banks.
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Regulation S- Right to Financial Privacy Act
This regulation governs the Right to Financial Privacy Act and establishes
the rates and conditions for reimbursement for banks providing customers
records to certain government authority pursuant to the Right to
Act.
Code
of Federal Regulations. Title 12 Sec. 219
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Regulation T- Regulates Credit Extensions By
Security Brokers and Dealers
This regulation governs credit extensions by security brokers and
dealers and is not applicable to commercial banks and thrifts.
Code
of Federal Regulations. Title 12 Sec. 220
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Regulation U- Margin Loans
This regulation governs credit restrictions for the purpose of buying
or carrying margin stock.
Code
of Federal Regulations. Title 12 Sec. 221
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Regulation V- Fair Credit Reporting Act
No longer applicable repealed in 1996.
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Regulation W- Restriction On Transactions Between
Banks and Their Affiliates.
This is a proposed regulation under the Gramm-Leach-Bliley Act implementing
Sections 23A and 23B of the Federal Reserve Act combining statutory
restriction on transactions between banks and their affiliates.
Original
regulation repealed in 1952, dealt with Consumer Loan Terms. (12
CFR 223)
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Regulation X- Real Estate Settlement Procedures
Act (RESPA)
Little use Regulation by Banks- FRB regulation which applies to
borrowers obtaining credit within or outside the U.S. for the purpose
of purchasing securities. (12 CFR 224)
Code
of Federal Regulations. Title 12 Sec. 224
Very often used Regulation by Banks- The Real Estate Settlement
Procedures Act (RESPA) which applies to all federally related mortgage
loans. (HUD requirement) (24 CFR 3500)
Code of Federal Regulations. Title 24 Sec. 3500
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Regulation Y- Activities of Bank Holding Companies
and Their Nonbank Subsidiaries
The purpose of this regulation is to regulate the acquisitions and
control of banks by companies and individuals and to set in place
procedures for securing approval for these transactions and activities.
Code
of Federal Regulations. Title 12 Sec. 225
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Regulation Z- Truth In Lending Act
This regulation implements the Truth in Lending Act, the purpose
is promote the informed use of consumers credit by requiring disclosures
about terms and costs. The act establishes uniform methods for computing
the costs of credit, for disclosing credit terms, and for resolving
errors on certain types of credit accounts.
Code
of Federal Regulations. Title 12 Sec.226
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Regulation AA- Defines Unfair and Deceptive
Credit Practices and Acts
This regulation addresses unfair and deceptive credit practices
acts and consumer complaints. The Act requires disclosures to cosigners
and others; forbids confessions of judgment, wage assignments, and
prohibits the taking of nonpurchase money security interest in household
goods.
Code
of Federal Regulations. Title 12 Sec. 227
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Regulation BB- Community Reinvestment Act
This regulation enacts Community Reinvestment Act and requires banks
to help meet the credit needs of the communities in which they are
chartered.)
Code
of Federal Regulations. Title 12 Sec 228
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Regulation CC- Expedited Funds Availability
Act
This regulation enacts the Expedited Funds Availability Act which
governs the availability of funds customers deposit in transaction
accounts. Contains rules regarding exceptions to availability schedules,
disclosures, payment of interest, and liability. Interfaces with
Regulations J and UCC Article 4.
Code
of Federal Regulations. Title 12 Sec. 229
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Regulation DD- Truth in Savings Act
This regulation enacts the Truth in Savings Act. This Act enables
consumers to make informed decisions about accounts at depository
institutions. The Act provides disclosure requirements and prescribes
uniform methods for computing interest, disclosing terms, and advertising
deposit accounts.
Code
of Federal Regulations. Title 12 Sec. 230
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Regulation EE- Netting Eligibility for Financial
Institutions
The purpose of this regulation is to enhance efficiency and reduce
systemic risk in financial markets. The act defines financial institutions
to be covered by statutory provisions regarding netting contracts.
Code
of Federal Regulations. Title 12 Sec. 231
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