Banking and Consumer Regulatory Policy

• December 18, 2008
  Annual notice of asset-size exemption threshold for depository institutions, Regulation C
• December 18, 2008
  Federal Reserve approves rules that will better protect credit card users
• December 17, 2008
  Federal Reserve extends comment period on proposal to revise disclosure requirements for mortgage loans, Regulation Z (Truth in Lending)
• December 17, 2008
  Agencies release annual CRA asset-size threshold adjustments for small and intermediate small institutions
• December 16, 2008
  Restructuring of check processing operations in the Sixth and Eighth Districts, Regulation CC
• December 16, 2008
  Agencies approve final rule on deduction of goodwill from tier 1 capital
• December 5, 2008
  Federal Reserve seeks public comment on proposed changes to Regulation Z (Truth in Lending)
• November 23, 2008
  Joint statement by Treasury, Federal Reserve, and the FDIC on Citigroup
• November 18, 2008
  Restructuring of the check processing operations in the Seventh District, Regulation CC
• November 13, 2008
  Agencies seek comment on proposed interagency appraisal and evaluation guidelines
• November 12, 2008
  Agencies issue final rule to implement Unlawful Internet Gambling Enforcement Act
• November 12, 2008
  Interagency statement on meeting the needs of creditworthy borrowers
• October 31, 2008
  Agencies announce decision on impact of tax change on indirect investments in Fannie Mae and Freddie Mac preferred stock
• October 20, 2008
  Federal Reserve approves final amendments to Regulation C that revise the rules for reporting price information on higher-priced mortgage loans
• October 20, 2008
  Agencies encourage participation in Treasury's Capital Purchase Program, FDIC's Temporary Liquidity Guarantee Program
• October 17, 2008
  Agencies announce decision on regulatory capital impact of Emergency Economic Stabilization Act of 2008 on Fannie Mae and Freddie Mac preferred stock
• October 16, 2008
  Federal Reserve announces interim final rule to allow bank holding companies to include senior perpetual preferred stock issued to the Treasury Department in Tier 1 capital
• October 16, 2008
  Federal Reserve issues guidance for consolidated supervision of bank holding companies and combined U.S. operations of foreign banking organizations
• October 9, 2008
  Statement on the efforts of Citigroup and Wells Fargo to reach an accord regarding the acquisition of Wachovia Corporation
• October 8, 2008
  Shared National Credits Program reports large increase in credit volume and significant deterioration in credit quality
• October 7, 2008
  Agencies seek public comment on proposed rulemaking to lower risk weights for claims on, or guaranteed by, Fannie Mae and Freddie Mac
• October 3, 2008
  Statement by the Board and OCC on new proposal from Wells Fargo to acquire Wachovia
• September 29, 2008
  Annual adjustments for reserve calculations and deposit reporting, Regulation D
• September 22, 2008
  Board announces the approval of a policy statement on equity investments in banks and bank holding companies
• September 21, 2008
  Board approves, pending a statutory five-day antitrust waiting period, the applications of Goldman Sachs and Morgan Stanley to become bank holding companies and also authorizes the Federal Reserve Bank of New York to extend credit to the London-based broker-dealer subsidiaries of Goldman Sachs, Morgan Stanley, and Merrill Lynch
• September 15, 2008
  Federal banking agencies evaluating FASB's accounting proposals
• September 15, 2008
  Request for comment on draft interagency proposed rule to permit a banking organization to reduce the amount of its goodwill deduction from tier 1 capital by any associated deferred tax liability
• September 8, 2008
  Restructuring of the check processing operations in the Sixth District, Regulation CC
• September 7, 2008
  Federal banking agencies issue joint release on Fannie Mae and Freddie Mac
• September 5, 2008
  Board issues joint supervisory and consumer affairs letter encouraging banking organizations to work with customers affected by Hurricane Gustav or any subsequent storms
• August 29, 2008
  Board releases Small Entity Compliance Guide for Regulation R
• August 11, 2008
  Restructuring of the check processing operations in the Fourth District, Regulation CC
• August 5, 2008
  Annual adjustment of fee-based trigger for additional mortgage loan disclosures
• July 15, 2008
  Restructuring of the check processing operations in the First and Third Districts, Regulation CC
• July 15, 2008
  Agencies issue final guidance on supervisory review process (Pillar 2) related to implementation of Basel II advanced approaches rule
• July 14, 2008
  Board issues final rule amending home mortgage provisions of Regulation Z (Truth in Lending)
• July 8, 2008
  Agencies issue statement on Basel II advanced approaches qualification process
• July 7, 2008
  Federal Reserve and SEC issue memorandum of understanding to deepen information sharing and cooperation
• June 26, 2008
  Board proposes rule to implement certain approaches for calculating risk-based capital requirements included in Basel II capital accord
• June 26, 2008
  Banking agencies issue host state loan-to-deposit ratios
• May 30, 2008
  Agencies release list of distressed or underserved nonmetropolitan middle-income geographies
• May 22, 2008
  Federal financial regulators issue final illustrations of consumer information for hybrid adjustable-rate mortgage products
• May 13, 2008
  Restructuring of the check processing operations in the Sixth and Eighth Districts, Regulation CC
• May 8, 2008
  Agencies issue proposed rules on risk-based pricing notices
• May 2, 2008
  Federal Reserve proposes rules to prohibit unfair practices regarding credit cards and overdraft services
• March 21, 2008
  Agencies release proposed revisions to interagency questions and answers regarding flood insurance
• March 3, 2008
  Federal Reserve Board encourages institutions to report on loan modification efforts in consistent way
• February 12, 2008
  Restructuring of the check processing operations in the Tenth and Eleventh Districts, Regulation CC
• February 7, 2008
  Request for comment on proposed changes to Regulations D and I to incorporate provisions of the Financial Services Regulatory Relief Act of 2006
• January 2, 2008
  Restructuring of the check processing operations of the Federal Reserve Banks of New York, Philadelphia, and Cleveland, Regulation CC

2008 Press Releases: