Federal Reserve Regulatory Service
R
Racial discrimination
Credit—See Equal credit opportunity.
Employment
Banks, 3-1527
Federal Reserve Board—See Equal employment opportunity (Federal Reserve Board), generally.
Rating systems—See Bank examination.
Real estate—See also Home mortgage disclosure; Housing finance; Mortgages.
Appraisal—See Real estate appraisal.
Bank holding company activities—See Bank holding companies.
Definition, as to appraisal, 4-053.3
Foreign, foreign branches of member banks taking liens on, 3-510
Investments, by insured depository institutions; regulatory evaluation of, 1-398.22
Loan brokers, national banks as, 1-121
Loans
Commercial, financial institutions' concentrations in; risk management, 3-1579.451
Farm lands, on; by national banks, 1-208
Flood hazard areas, in; by state member banks, 3-213 et seq.
High loan-to-value, residential, 3-1579.34
Insured depository institutions, by; policies, 3-1577.5
National banks as brokers, 1-121
High loan-to-value, residential; standards applicable to, 3-1579.34
Member bank–affiliate relations—See Affiliate-member bank relations.
National banks
Real estate loan brokers, as, 1-121
Rental property, truth in lending exemption
Settlement procedures, 6-1350 et seq.
See also Real estate settlement procedures.
Real estate appraisal—See also Appraisals.
Bank holding companies, activities closely related to banking, 4-047.1
Construction-analysis services, 4-651
Single-family residences, of, 4-650
See also Federally related transactions, this heading.
Definition, as to federally related transactions, 4-053.1
Collateral, real estate; evaluation of, 4-053.61
Competence of appraisers, 4-054.3
Complex one- to four-family residential property appraisal, 4-053.8
Definition, 4-053.2
Definition, 4-053.2
Market value, definition, 4-053.2
Professional association, appraiser membership in, 4-054.3
Real estate–related financial transaction, definition, 4-053.3
Definition of ``real estate,'' 4-053.3
Real property, definition, 4-053.3
Safety-and-soundness concerns
Appraisal required, 4-053.61
Standards, 4-053.9
State-certified appraiser
Definition, 4-053.4
State-licensed appraiser
Definition, 4-053.4
Transactions requiring, 4-053.7
Tract development, definition, 4-053.5
Transaction value, definition, 4-053.5
Reconsiderations of value of residential real estate valuations, 3-1577.22
Report, copy to be provided to loan applicant on request, 6-096.1
Standards, 4-053.9
Real estate settlement procedures, 6-1350 et seq.
See also Real Estate Settlement Procedures Act.
Accounting methods, escrow accounts
Acceptable, 6-1423.23 et seq.
Definition, 6-1423.1
Aggregate analysis, 6-1423.29
Arithmetic steps, example, 6-1439
Conversion date for mandatory use, 6-1423.11
Definition, 6-1423.1
Phase-in period for mandatory use, 6-1423.16
Settlement statement, 6-1390.1
Single-item analysis
Arithmetic steps, example, 6-1439
Affiliate relationship, definition as to affiliated business arrangements, 6-1415
Definition, 6-1352.1
Examples, 6-1435.6 et seq.
Person in position to refer settlement service business, definition, 6-1420
Aggregate analysis—See Accounting methods, escrow accounts, this heading.
Application, definition, 6-1370
Associate, definition as to real estate settlement procedures, 6-1352.2
Assumption without lender approval, 6-1382
Attorney general; rule, regulation, or interpretation by; reliance on, 6-1369
Beneficial ownership, definition as to affiliated business arrangements, 6-1415
Benefit, identity of person receiving, 6-1445.9
Booklets, special information—See Information booklets, special, this heading.
Broker—See Mortgage broker, this heading.
Business, referral of; payment of thing of value for prohibited, 6-1404
Business day, definition, 6-1370
Rental property, residential, 6-1381
Charges to be stated, use of uniform settlement statement form, 6-1390
Composite analysis, definition, 6-1423.1
See also Accounting methods, escrow accounts, this heading.
Construction loans, exemption, 6-1381.1
Consumer Financial Protection Bureau
Good faith estimate, form, 6-1437
Regulation X, 6-1370 et seq.
Uniform settlement statement, prescription
Contracts, validity, 6-1367
Control, definition as to affiliated business arrangements, 6-1416
Controlled business arrangements, 6-1357
Computer loan origination system (CLO), use of in, 6-1447
Sham, 6-1447.1
Things of value, permissible, 6-1413
Conversion of loan, 6-1382
Cushion, definition, 6-1423.11
Dealer, definition, 6-1370
Dealer consumer credit contract, 6-1436.2
Definition, 6-1370
Dealer loan, 6-1436.2
Definition, 6-1370
Delivery, definition as to escrow accounts, 6-1423.12
Direct ownership, definition as to affiliated business arrangements, 6-1416
Disclosure requirements, 6-1428.2
Educational activities exempted from unearned-fee and kickback prohibitions, 6-1405
Effective date of transfer, definition, 6-1370
Error resolution procedures, 6-1428.5
Accounting methods—See Accounting methods, escrow accounts, this heading.
Analysis, 6-1423.33 et seq.
Definition, 6-1423.13
Methods—See Accounting methods, escrow accounts, this heading.
Annual statements, 6-1423.41 et seq.
See also Statements, this subheading.
Default, foreclosure, or bankruptcy, 6-1423.42
Definition, 6-1423.1
Delivery with other materials, 6-1423.42
Format, 6-1423.44
Multiple years, assessments for, 6-1423.27
Short-year statements, 6-1423.43
Computation year, definition, 6-1423.14
Cushion, 6-1423.24
Definition, 6-1423.11
Mortgage documents, provisions in, 6-1423.26
Deficiency, 6-1423.36
Analysis to determine, 6-1423.33
Definition, 6-1423.12
Notice of, 6-1423.37
Transfer of servicing, 6-1423.32
Definition, 6-1423.13
Disbursements
Amount, estimates of, 6-1423.25
Date, definition, 6-1423.12
Disclosure statements—See Statements, this subheading.
Discretionary payments, 6-1423.6
Initial statements, 6-1423.38 et seq.
See also Statements, this subheading.
Definition, 6-1423.15
Format, 6-1423.4
Installment payment, definition, 6-1423.15
Item, definition, 6-1423.14
Multiple years, assessments for, 6-1423.27
Payment-due date, definition, 6-1423.16
Payments to, limits, 6-1423.2 et seq.
Penalty, imposed by payee; definition, 6-1423.16
Post-rule account, definition, 6-1423.16
Pre-accrual, 6-1423.24
Definition, 6-1423.16
Mortgage documents, provisions in, 6-1423.26
Pre-rule account
Annual statements—See Annual statements, this subheading.
Definition, 6-1423.16
Transfer of servicing, 6-1423.32
Property taxes, payment of, 6-1423.45
Reserve, definition, 6-1423.11
Separate item, definition, 6-1423.14
Servicer, payments to, 6-1356.22
Shortage, 6-1423.35
Analysis to determine, 6-1423.33
Transfer of servicing, 6-1423.32
Statements, 6-1360.2 et seq.
Annual statements—See Annual statements, this subheading.
Discretionary payments, 6-1423.6
Fee for preparation of prohibited, 6-1362
Initial statements—See Initial statements, this subheading.
Surplus, 6-1423.34
Analysis to determine, 6-1423.33
Transfer of servicing, 6-1423.32
Target balance, definition, 6-1423.19
Trial running balance, definition, 6-1423.19
Definition, 6-1372
Form, sample, 6-1437
Uniform settlement statement, delivery and advance inspection, 6-1396
Federal court jurisdiction, 6-1366
Federally related mortgage loans
Housing and Urban Development Regulation X, as to, 6-1371
Disclosures, 6-1361
Limitations of, 6-1361
Servicing transfers—See Servicing transfers, this heading.
Fees
See also Kickbacks, this heading.
Escrow account statement, fee for preparation of, 6-1362
Goods and services actually furnished or rendered, payment for permissible, 6-1405
Mortgage broker—See Mortgage broker, this heading.
Referrals, payment to employees for permissible, 6-1405
See also specific type of service.
Forms HUD-1, HUD-1A—See Uniform settlement statement, this heading.
Franchise, definition, 6-1417
Franchisee, definition, 6-1420
Franchisor, definition, 6-1420
Goods actually furnished, payment for permissible, 6-1405
Government agencies or instrumentalities, loans to exempt, 6-1356.3
Dealer loan or consumer credit contract, 6-1436.2
Identity of person receiving benefit, 6-1445.9
Changes, permissible, 6-1385
Definition, 6-1376
Mailing to borrower, 6-1445.2
Printing, 6-1384
Revision by CFPB, 6-1384
Settlement services listed in, 6-1445.2
Translations, 6-1385
See also Fees, this heading.
Agreement, 6-1404
Business referral, payment of thing of value for, 6-1404
Educational activities exempted, 6-1405
Liabilities, 6-1437
Promotional activities exempted, 6-1405
Referrals by employees, exempted, 6-1405
Understanding, 6-1404
Land
Acreage of 25 or more, 6-1381
Vacant, 6-1381.1
Lender, definition, 6-1372
Liens
Subordinate, applicability of rules to, 6-1351
Validity, 6-1367
Lock–outs, 6-1447.2
Loss mitigation procedures, 6-1429.1
Managerial employee, definition, 6-1372
Manufactured home, definition, 6-1372
Mortgage broker
Definition, 6-1372
Estimate, good faith; to provide, 6-1386 et seq.
Fees of, itemization of, 6-1436.1
Table funding, not considered exempt secondary-market transaction, 6-1382
Mortgaged property, definition, 6-1373
Mortgage loan, federally related—See Federally related mortgage loans, this heading.
Mortgage servicing—See Servicing transfers, this heading.
Office space, high rental payment for; as disguised referral fee, 6-1447.2
Origination service, definition, 6-1373
Prepayment penalty, definition, 6-1373
Promotional activities exempted from unearned-fee and kickback prohibitions, 6-1405
Property taxes, payment of from escrow account, 6-1423.45
Providers, required by lender; good faith estimates, 6-1389 et seq.
Recordkeeping
Affiliated business arrangements, 6-1420
Referral of business
Computer loan origination system (CLO), 6-1447
Definition, 6-1404
Employees, by; exemption, 6-1405
Kickback, as, 6-1404
Rental of office space, high payment, 6-1447.2
Retaliation for not referring, 6-1447.2
Refinancing
Definition, 6-1373
Settlement statements, 6-1390
Rental property, residential; business-loan exemption inapplicable, 6-1381
Required use
Affiliated business arrangements, in, 6-1411
Definition, 6-1374
Title company, of, 6-1422
Reserve, definition, 6-1423.11
Secondary-market transaction, exemption, 6-1382
Servicer, definition, 6-1356.24
Master, 6-1428.1
Subservicer, 6-1428.1
Transferee, 6-1428.1
Transferor, 6-1428.1
Services actually rendered, payment for permissible, 6-1405
Servicing, definition, 6-1356.24
Model statement, 6-1440
Disputes, protection of credit rating during resolution of, 6-1356.19
Mortgage loan, definition, 6-1428.1
Qualified written request, definition, 6-1428.1
State law, conflicting, 6-1356.23
Settlement, definition, 6-1374
Settlement agent, definition, 6-1374
Settlement services
See also Estimates of settlement services, good faith, this heading.
Information booklets, listed in, 6-1445.2
Low, abnormally, 6-1435
Settlement statement, uniform—See Uniform settlement statement, this heading.
Special information booklets—See Information booklets, special, this heading.
State, definition, 6-1376
Subordinate-lien loans, settlement statements, 6-1390
Table funding
Definition, 6-1376
Exempt secondary-market transaction, not considered, 6-1382
Temporary financing, exemption, 6-1381.1
Thing of value
Kickback, as—See Kickbacks, this heading.
Third party, definition, 6-1376
Title companies, 6-1359
Enforcement standards, 6-1447.3
Definition, 6-1374
Unearned fees, 6-1447.3
Title service, definition, 6-1376
Tolerance, definition, 6-1376
Transfer of servicing—See Servicing transfers, this heading.
Uniform settlement statement, HUD-1, HUD-1A, 6-1353; 6-1354; 6-1389.3; 6-1390; 6-1434; 6-1434.01 et seq.; 6-1445.4
Aggregate accounting, 6-1390.1
Changes, permissible, 6-1391 et seq.
Instructions for completion, 6-1434 et seq.
Use of by settlement agent, 6-1390
Real Estate Settlement Procedures Act, 6-1350 et seq.
See also Real estate settlement procedures.
Good faith estimate, violation, 6-1389.3
Summary, 6-1445 et seq.
Violations
Kickbacks and unearned fees, 6-1358
Settlement statements, 6-1389.3
Title company, required use of, 6-1359
Records—See also topic of records, entity maintaining records, or agency requiring records.
Currency transactions—See Currency and foreign transactions.
Federal banking agency, preservation of records, 1-385.051
Government records, access to—See Freedom of information.
Personal records—See Privacy.
Refinancing—See also Truth in lending.
Bank credit for margin securities, transfer of credit, 5-958
Bankruptcy, action for bank's own protection, 5-876.1
Purpose credit, securities credit, 5-676
Real estate settlement procedures, definition as to, 6-1373
Registered securities associations, 5-126 et seq.
Access to services of association, member deprived of for disciplinary reasons, 5-138
Affiliated associations, registration, 5-128
Cancellation, suspension, revocation, or withdrawal, 5-197
Prerequisites, 5-129
Allowances granted, 5-131
Application for registration, 5-126
Association with members, barring persons from
Information as to dealings with member, failure to provide, 5-135
Standards, failure to meet, 5-134
Unjust and inequitable practices, having history of, 5-134
Banks, privileges granted to in securities transactions, 5-131
Broker becoming member, 5-127 et seq.
Business practiced other than that prescribed by regulations to be grounds for membership denial, 5-135
Charges against members, 5-136
Commissions, 5-131
Competence standards, failure to meet to be grounds for membership denial, 5-133
Competition, unnecessary burden on prohibited, 5-127.1
Dealer becoming member, 5-127 et seq.
Defense against charges, opportunity for member, 5-136
Denial of membership, 5-132 et seq.
Directors, fair representation of membership, 5-127
Data on, obligation to maintain, 5-138.1
Due-process guarantees, 5-136
Inquiries concerning, 5-138.1
Persons associated with, 5-136 et seq.
Proceedings, 5-137
Summary actions, 5-138
Discounts granted, 5-131
Discrimination among customers, issuers, brokers, and dealers, unfair; prohibition, 5-127
Dues, reasonable, 5-127
Fraudulent practices by members prohibited, 5-127
Futures association, limited-purpose securities association; security futures product activities, 5-138.2; 5-138.3
Disciplinary action against member, 5-206
Records of, examination of by regulatory agencies, 5-161
Geographical distribution of members, 5-127
Government securities broker-dealer, rules governing, 5-202.1
Limited-purpose association—See Futures association, this heading.
Manipulative acts by members prohibited, 5-127
Members
Brokers becoming, 5-127 et seq.
Dealers becoming, 5-127 et seq.
Definition, 5-002
Directors, fairly represented among, 5-127
Discipline—See Discipline of members, this heading.
Geographical distribution, 5-127
Government securities broker-dealer, 5-202.1
Number, 5-127
Persons associated with, discipline, 5-136 et seq.
Suspension for disciplinary reasons, 5-138
Membership
Statutory disqualification, person under, 5-132
Qualifications, review, 5-133
Military installations, rules governing sales on, 5-127.4
Municipal securities, 5-131.1
Dealers and brokers, examination, 5-151
Nonmember professional, 5-130
Notice of charges against members, 5-136
Number of members, 5-127
Qualifications for membership, review, 5-133
Quotations
Form and content governed, 5-127.1
Limited-partnership rollup transaction, security resulting from, 5-127.3
Record of charges against members, 5-136
Registration, 5-126 et seq.
Affiliated associations, 5-128
Prerequisites, 5-129
Application, 5-126
Filing, notice of, 5-195
Cancellation, 5-197
Data on, obligation to maintain, 5-138.1
Determination of qualifications, 5-127 et seq.
Inquiries concerning, 5-138.1
Suspension, 5-197
Withdrawal, 5-197
Rules of associations, 5-127 et seq.
Municipal securities, rules concerning inapplicable to brokers and dealers, 5-131.1
Sanctions against members—See Discipline of members, this heading.
Securities and Exchange Commission
Determination of qualifications, 5-127 et seq.
Registration by, 5-126
Self-regulatory organization
Definition, 5-017
Examination coordination, 5-172.8
Rules, definition, 5-018
Suspension of member for disciplinary reasons, 5-138
Regulation B, 6-001 et seq.
See also Equal credit opportunity.
Foreign applicability, 6-155
Interpretations, issuance of, 6-080
Summary, 6-111 et seq.
Regulation B (Consumer Financial Protection Bureau), 6-5001 et seq.
See also Equal credit opportunity.
Enforcement, 6-5065.5
Foreign applicability, 6-5155
Interpretations, issuance of, 6-5080
Small business lending, data collection, 6-5065.55 et seq.
Regulation C (Consumer Financial Protection Bureau), 6-5200 et seq.
See also Home mortgage disclosure.
Enforcement, 6-5213
Federal agencies, 6-5214
Institutions covered by, 6-5242
Summary, 6-5241 et seq.
Violations, sanctions for, 6-5213
Regulation CC, 9-001 et seq.
See also Availability of funds; Check collection.
Return of checks, effect on, 9-746
Summary, 9-740 et seq.
Regulation D, 2-122 et seq.
See also Reserve requirements.
Questions and answers regarding, 2-300 et seq.
Summary, 2-250
Regulation DD (Consumer Financial Protection Bureau), 6-6900 et seq.
See also Truth in savings.
Agreement corporations, not applicable to, 6-7032
Edge corporations, not applicable to, 6-7032
Enforcement, 6-6932
Foreign institutions, applicability to, 6-7032
Foreign locations, transactions and institutions in; applicability to, 6-7011
Interpretations, issuance of, 6-6952
Regulation CC, relation to; date interest begins to accrue, 6-7141
Fees, disclosure of, 6-7124
State law, effect on, 6-6901
Preemption determinations, 6-6949 et seq.
Summary, 6-7000
Regulation E, 6-300 et seq.
See also Electronic funds transfers.
Credit card use
Billing-error resolution, relation to, 6-770
Transfers, transaction accounts; reserve requirements, 2-345.15
Interpretations, issuance of, 6-358.1
Regulation Z, relation to, 6-1171.8
Summary, 6-398 et seq.
Transaction accounts
Rule of three transfers per calendar month, applicability to, 2-302.5
Transfers exempt from regulation, reserve requirements, 2-345.15
Regulation E (Consumer Financial Protection Bureau), 6-5300 et seq.
See also Electronic funds transfers.
Acts of agents, 6-5346.554
Credit card use
Billing-error resolution, relation to, 6-5770
Disclosures, 6-5346.55
Enforcement, 6-393
Estimates, 6-5346.551
Interpretations, issuance of, 6-5358.1
Procedures for cancellation and refund of remittance transfers, 6-5346.553
Procedures for resolving errors, 6-5346.552
Regulation Z, relation to, 6-6171.8
Remittance transfer definitions, 6-5346.5
Transfers scheduled before the date of transfer, 6-5346.555
Regulation FF, 6-3500 et seq.
See also Medical information.
Statutory authority, 6-3500
Summary, 6-3520
Regulation G, 6-2600 et seq.
See also Community reinvestment, at Agreements involving resources of depository institution or affiliate.
Authority, 6-2654
Community Reinvestment Act and Regulation BB, relation to, 6-2601
Summary, 6-2660
Regulation GG, 9-1524 et seq.
Appendix A to part 233—Model notice, 9-1544
Collection of information, 9-1528
Definitions, 9-1532
Designated payment systems, 9-1534
Exemptions, 9-1536
Incorporation by reference—relevant definitions from ACH rules, 9-1530
Non-exclusive examples of policies and procedures, 9-1540
Policies and procedures required, 9-1538
Purpose, 9-1526
Regulatory enforcement, 9-1542
Regulation HH, 9-1600 et seq.
Access to Federal Reserve Bank accounts and services, 9-1605
Authority, purpose, and scope, 9-1600
Definitions, 9-1601
Interest on balances, 9-1606
Risk-management standards for designated financial market utilities, 9-1602
Statutory authority, 9-1629
Regulation I, 3-460 et seq.
See also Capital stock of Reserve Banks.
Authority, 3-477 et seq.
Summary, 3-488 et seq.
Regulation II, 9-1545 et seq.
See also Debit cards.
Administrative enforcement, 9-1545.8
Appendix A to part 235—Official Board commentary on Regulation II, 9-1546
Definitions, 9-1545.1
Effective and compliance dates, 9-1545.9
Exemptions, 9-1545.4
Fraud-prevention adjustment, 9-1545.3
Limitation on payment card restrictions, 9-1545.6
Prohibition on circumvention, evasion, or net compensation, 9-1545.5
Reasonable and proportional interchange fees, 9-1545.2
Reporting requirements and record retention, 9-1545.7
Regulation J, 9-775 et seq.
See also Federal Reserve Banks, at Collection of checks and other items; Wire transfers of funds.
State law, relation to, 9-782
Summary, 9-841
Regulation K, 3-500 et seq.
Activities exempt under, nonbanking activity exemption for bank holding companies, 4-037
Securities exempt under, nonbanking activity exemption for bank holding companies, 4-037
Summary, 3-673
Regulation KK, 3-3680 et seq.
See also Swap transactions.
Authority, purpose, scope, exemptions, and compliance dates, 3-3680
Capital, 3-3691
Cross-border application of margin requirements, 3-3688
Definition of insured depository institution for purposes of section 716, 3-3701
Documentation of margin matters, 3-3689
Eligible collateral, 3-3685
Initial margin, 3-3682
Initial margin models and standardized amounts, 3-3687
Margin and capital requirements for covered swap entities, 3-3680 et seq.
Margin values for eligible noncash margin collateral, 3-3699.6
Netting arrangements, minimum transfer amount, and satisfaction of collecting and posting requirements, 3-3684
Prohibition against federal assistance to swaps entities, 3-3700 et seq.
Segregation of collateral, 3-3686
Special rules for affiliates, 3-3690
Standardized minimum initial margin requirements for non-cleared swaps and non-cleared security-based swaps, 3-3699.5
Statutory authority, 3-3712
Transition period for insured depository institutions, 3-3702
Variation margin, 3-3683
Regulation LL, 4-750 et seq.
See also Management official interlocks.
Acquisitions of savings association securities or assets, 4-751
Change in bank control, 4-753
Company-run stress test requirements for foreign savings and loan holding companies with total consolidated assets over $250 billion, 4–760.17
Company-run stress test requirements for savings and loan holding companies, 4-760.15
Control proceedings, 4-752
Dividends by subsidiary savings associations, 4-760
Financial holding company activities, 4-756
General provisions, 4-750
Investigative and formal examination proceedings
Large financial institution rating system, 4-762
Management official interlocks, 4-759
Notice of change of director or senior executive officer, 4-757
Prohibited service at savings and loan holding companies, 4-758
Qualified stock issuances, 4-754
Risk committee, liquidity risk management, and liquidity buffer requirements for covered savings and loan holding companies with total consolidated assets of $100 billion or more, 4–760.129
Risk committee requirement for covered savings and loan holding companies with total consolidated assets of $50 billion or more and less than $100 billion, 4–760.127
Savings and loan holding company activities and acquisitions, 4-755
Single counterparty credit limits for covered savings and loan holding companies, 4–760.16
Statutory authority, 4-763
Supervisory stress test requirements for covered savings and loan holding companies, 4–760.14
Regulation M, 6-500 et seq.
See also Consumer leasing.
Foreign lessors, applicability to, 6-565.1
Interpretations
Issuance of, 6-535
Previous, status of, 6-565
Requesting, procedures for, 6-565
State law, relation to, 6-529
Summary, 6-557 et seq.
Regulation M (Consumer Financial Protection Bureau), 6-5500 et seq.
See also Consumer leasing.
Enforcement, 6-5500
Foreign lessors, applicability to, 6-5565.1
Interpretations
Issuance of, 6-5535
Previous, status of, 6-5565
Requesting, procedures for, 6-5565
State law, relation to, 6-5529
Regulation MM, 4-764 et seq.
Conversions from mutual to stock form, 4-768
General provisions, 4-764
Indemnification; employment contracts, 4-767
Mutual holding companies, 4-765
Mutual holding company model bylaws, 4-771
Mutual holding company model charter, 4-769
Statutory authority, 4-774
Subsidiary holding companies, 4-766
Regulation N, 7-070 et seq.
See also Foreign banking organizations, at Federal Reserve Banks.
Summary, 7-080 et seq.
Regulation NN, 3-3650 et seq.
See also Foreign exchange.
Application and closing out of offsetting long and short positions, 3-3654
Authority, purpose, and scope, 3-3650
Authorization to trade, 3-3661
Capital requirements, 3-3657
Customer dispute resolution, 3-3665
Definitions, 3-3651
Disclosure, 3-3655
Margin requirements, 3-3658
Notice of transfers, 3-3664
Notification, 3-3653
Prohibited transactions, 3-3652
Recordkeeping, 3-3656
Required reporting to customers, 3-3659
Reservation of authority, 3-3666
Statutory authority, 3-3676
Supervision, 3-3663
Trading and operational standards, 3-3662
Unlawful representations, 3-3660
Regulation OO, 4-775 et seq.
Authority and purpose, 4-775
Securities holding company, registration as a supervised, 4-775.2
Statutory authority, 4-777
Regulation P (Consumer Financial Protection Bureau), 6-7250 et seq.
Authority, 6-7375 et seq.
Fair Credit Reporting Act, relation to, 6-7350
State laws and regulations
Insurance regulator, state
Definition, 6-7391
Failure to adopt regulations, 6-7383
Relation to, 6-7351
Federal authorizing statute, 6-7385
Summary, 6-7393 et seq.
Regulation PP, 4-950 et seq.
Authority and purpose, 4-950
Definitions, 4-951
Financial activities for purposes of title I of the Dodd-Frank Act, 4-1000
Nonbank companies predominantly engaged in financial activities, 4-952
Significant nonbank financial companies and significant bank holding companies, 4-953
Statutory authority, 4-1010
Regulation Q, 3-2100 et seq.
See also Capital.
Application of capital rules, 3-2601 et seq.
Capital ratio requirements and buffers, 3-2110 et seq.
Definition of capital, 3-2120 et seq.
Framework for assessing risk-based capital for Board*regulated institutions engaged in insurance activities, 3-2701 et seq.
Framework for implementing the countercyclical capital buffer, 3-2800
General provisions, 3-2100 et seq.
Risk-based capital surcharge for global systemically important bank holding companies, 3-2500 et seq.
Risk-weighted assets, internal ratings-based and advanced measurement approaches, 3-2200 et seq.
Disclosures, 3-2271 et seq.
Equity exposures, 3-2251 et seq.
General credit risk, 3-2231 et seq.
Operational risk, 3-2261 et seq.
Qualification, 3-2221 et seq.
Securitization exposures, 3-2241 et seq.
Risk-weighted assets, market risk, 3-2301 et seq.
Risk-weighted assets, standardized approach, 3-2130 et seq.
Disclosures, 3-2161 et seq.
Equity exposures, 3-2151 et seq.
General credit risk, 3-2131 et seq.
Securitization exposures, 3-2141 et seq.
Unsettled transactions, 3-2138
Statutory authority, 3-2900
Transition provisions, 3-2400
Regulation QQ, 4-780 et seq.
Consultation, 4-780.6
Covered companies, additional, 4–780.81
Critical operations, 4–780.11
Enforcement, 4-780.8
Failure to cure deficiencies on resubmission of a resolution plan, 4-780.5
Informational content of a resolution plan
full, 4–780.3
reduced,4–780.32
targeted,4–780.31
No limiting effect or private right of action; confidentiality of resolution plans, 4-780.7
Resolution plan required, 4-780.2
Review of resolution plans; resubmission of deficient resolution plans, 4-780.4
Statutory authority, 4-782
Regulation R, 3-3500 et seq.
See also Securities brokers and dealers, at Banks, exemption from definition of ``broker.''
Authority, 3-3630 et seq.
Summary, 3-3635 et seq.
Regulation RR, 4-1050 et seq.
Authority, purpose, and scope, 4-1050
Credit risk retention
Base risk retention requirement, 4-1052
Commercial mortgage-backed securities, 4-1056
Eligible asset-backed commercial paper conduits, 4-1055
Federal National Mortgage Association and Federal Home Loan Mortgage Corporation asset-backed securities, 4-1057
Open market collateralized loan obligations, 4-1058
Qualified tender option bonds, 4-1059
Revolving pool securitizations, 4-1054
Standard risk retention, 4-1053
Definitions, 4-1051
Exceptions and exemptions, 4-1062 et seq.
Additional exemptions, 4-1070
Definitions applicable to qualifying commercial loans, commercial real estate loans, and automobile loans, 4-1063
Exemption for qualified residential mortgages, 4-1062
General exemptions, 4-1068
Periodic review of the qualified residential mortgage definition, exempted three-to-four unit residential mortgage loans, and community-focused residential mortgage exemption, 4-1071
Qualifying commercial loans, commercial real estate loans, and automobile loans, 4-1064
Safe harbor for certain foreign-related transactions, 4-1069
Underwriting standards for qualifying automobile loans, 4-1067
Underwriting standards for qualifying commercial loans, 4-1065
Underwriting standards for qualifying commercial real estate loans, 4-1066
Statutory authority, 4-1071
Transfer of risk retention
Allocation of risk retention to an originator, 4-1060
Hedging, transfer and financing prohibitions, 4-1061
Regulations—See also Rulemaking; specific regulations, agencies, and subjects generally.
Corrections and conforming amendments, authority of secretary of Federal Reserve Board, 8-108
Flexibility—See Regulatory flexibility.
Public comment on—See Public participation.
Regulation T, 5-392 et seq.
See also Credit by brokers and dealers.
Authority, 5-392
Clearing firm, responsibility for compliance, 5-620
Enforcement, 5-680
Government securities brokers and dealers, applicability of to, 5-392
History, 5-681
Summary, 5-467
Regulation TT, 4-1020 et seq.
Assessed companies, 4-1022
Assessments, 4-1023
Authority, purpose, and scope, 4-1020
Collection of assessments; payment of interest, 4-1025
Definitions, 4-1021
Notice of assessment and appeal, 4-1024
Statutory authority, 4-1030
Regulation U, 5-745 et seq.
Applicability, 5-942.63
Authority, 5-745
Circumvention of, 5-947.2
Clearing agencies, deposit of securities with; not applicable to, 5-436
Employee stock ownership plans, applicability to, 5-855
Enforcement, duty of, 5-944
Foreign lender, applicability to, 5-888.6
History, 5-947
Information regarding, availability, 5-859
National Credit Union Central Liquidity Facility exempt from, 5-880.51
Nonbank lenders covered by, 5-840 et seq.
Summary, 5-790
Regulation V, 6-2900 et seq.
See also Fair credit reporting.
Statutory authority, 6-3200
Summary, 6-3210
Regulation V (Consumer Financial Protection Bureau), 6-7900 et seq.
See also Fair credit reporting.
Authority, 6-1550 et seq.
Regulation VV, 3-3750 et seq.
Authority, 3-3750
Compliance, program for, 3-3769 et seq.
Violations of, penalties for, 3-3770
Covered fund activities and investments
Permitted activities, 3-3760 et seq.
Investment, 3-3761
Limitations on, 3-3764
Market making, 3-3760
Organizing and offering, 3-3760
Regulated insurance company, by, 3-3762
Risk-mitigating hedging, 3-3762
Underwriting, 3-3760
United States, outside of, 3-3762
Prohibition on, 3-3759
Definitions, 3-3751
Limitations on relationships with covered funds, 3-3763
Proprietary trading
Permitted activities
Domestic government obligations, in, 3-3755
Fiduciary transactions on behalf of customers, 3-3755
Foreign government obligations, in, 3-3755
Limitations on, 3-3756
Riskless principal transactions, 3-3755
Risk-mitigating hedging, 3-3754
Underwriting and market making, 3-3753
Prohibition on, 3-3752
Regulation WW, 3-3850 et seq.
General provisions, 3-3850 et seq.
Certain operational requirements, 3-3853
Definitions, 3-3852
Purpose and applicability, 3-3850
Reservation of authority, 3-3851
High-quality liquid assets, 3-3869 et seq.
Amount, 3-3870
Criteria, 3-3869
Requirements for, 3-3871
Liquidity coverage ratio, 3-3859
Liquidity coverage shortfall, 3-3889
Supervisory framework, 3-3889
Net stable funding ratio, 3-3949 et seq.
Net stable funding shortfall, 3-3959
Supervisory framework, 3-3959
Total net cash outflow, 3-3879 et seq.
Determining maturity, 3-3880
Inflow amounts, 3-3882
Outflow amounts, 3-3881
Total net cash outflow amount, 3-3879
Regulation X, 5-970 et seq.
See also Borrowers obtaining securities credit.
Aiding and abetting violation, 5-997.1
Authority, 5-970
Enforcement, 5-995
History, 5-997
Summary, 5-977
Regulation X (Consumer Financial Protection Bureau), 6-1370 et seq.
See also Real estate settlement procedures.
Commentary, staff, 6-1442 et seq.
General provisions, 6-1370 et seq.
Mortgage servicing, 6-1428 et seq.
Mortgage settlement and escrow accounts, 6-1383 et seq.
Use of HUD-1 or HUD-1A settlement statements, 6-1390
Regulation XX, 4-1150 et seq.
Authority, purpose, and other authorities, 4-1150
Concentration limit, 4-1152
Definitions, 4-1151
Exceptions to the concentration limit, 4-1153
No evasion, 4-1154
Reporting requirements, 4-1155
Regulation YY, 4-783 et seq.
Company-run stress test requirements for state member banks with total consolidated assets over $250 billion
Stress test, 4-784.4
Applicability, 4-784.3
Authority and purpose, 4-784.1
Definitions, 4-784.2
Disclosure of stress test results, 4-784.7
Methodologies and practices, 4-784.5
Reports of stress test results, 4-784.6
Company-run stress test requirements for certain U.S. bank holding companies and nonbank financial companies supervised by the Board
Sstress test, 4-788.4
Applicability, 4-788.3
Authority and purpose, 4-788.1
Definitions, 4-788.2
Disclosure of stress test results, 4-788.8
Methodologies and practices, 4-788.6
Reports of stress test results, 4-788.7
Covered IHC long-term debt requirement, 4-790.552
Covered IHC total loss-absorbing capacity requirement and buffer, 4-790.555
Debt-to-equity limits
Foreign banking organizations, for, 4-791.1
U.S. bank holding companies, for, 4-791
Enhanced prudential standards for bank holding companies with total consolidated assets of $100 billion or more
Applicability, 4-786.1
Liquidity risk-management requirements, 4-786.4
Liquidity stress testing and buffer requirements, 4-786.5
Risk-based and leverage capital and stress test requirements, 4-786.2
Risk-management and risk-committee requirements, 4-786.3
Scope, 4-786
Enhanced prudential standards for foreign banking organizations with total consolidated assets of $100 billion or more and combined U.S. assets of $100 billion or more
Applicability, 4-790.441
Capital stress testing requirements for foreign banking organizations with combined U.S. assets of $100 billion or more, 4-790.447
Liquidity risk-management requirements for foreign banking organizations with combined U.S. assets of $100 billion or more, 4-790.445
Liquidity stress testing and buffer requirements for foreign banking organizations with combined U.S. assets of $100 billion or more, 4-790.446
Risk-based and leverage capital requirements for foreign banking organizations with combined U.S. assets of $100 billion or more, 4-790.443
Risk-management and risk-committee requirements for foreign banking organizations with combined U.S. assets of $100 billion or more, 4-790.444
Scope, 4-790.4
U.S. intermediate holding company requirement for foreign banking organizations with combined U.S. assets of $100 billion or more and U.S. non-branch assets of $50 billion or more, 4-790.442
Enhanced prudential standards for foreign banking organizations with total consolidated assets of $100 billion or more and combined U.S. assets of less than $100 billion
Applicability, 4-790.331
Capital stress testing requirements for foreign banking organizations with total consolidated assets of $100 billion or more and combined U.S. assets of less than $100 billion, 4-790.335
Liquidity risk-management requirements for foreign banking organizations with total consolidated assets of $250 billion or more and combined U.S. assets of less than $100 billion, 4-790.334
Risk-based and leverage capital requirements for foreign banking organizations with total consolidated assets of $250 billion or more and combined U.S. assets of less than $100 billion, 4-790.332
Risk-management and risk-committee requirements for foreign banking organizations with total consolidated assets of $100 billion or more but combined U.S. assets of less than $100 billion, 4-790.333
U.S. intermediate holding company requirement for foreign banking organizations with combined U.S. assets of less than $100 billion and U.S. non-branch assets of $50 billion or more, 4–790.336
Scope, 4-790.3
External long-term debt requirement, 4-788.885
External total loss-absorbing capacity requirement and buffer, 4-788.886
General provisions
Authority and purpose, 4-783
Categorization of banking organizations, 4–783.4
Definitions, 4-783.1
Nonbank financial companies supervised by the Board, 4-783.3
Reservation of authority, 4-783.2
Requirements for qualified financial contracts of global systemically important banking organizations
Applicability, 4-789.22
Approval of enhanced creditor protection conditions, 4-789.223
Definitions, 4-789.2
Exclusion of certain QFCs, 4-789.226
Foreign bank multi-branch master agreements, 4-789.224
Identification of global systemically important foreign banking organizations, 4-789.225
Insolvency proceedings, 4-789.222
U.S. special resolution regimes, 4-789.221
Restrictions on corporate practices of
Intermediate holding companies of global systemically important foreign banking organizations, 4-790.556
U.S. global systemically important banking organizations, 4-788.887
Risk-committee requirement for bank holding companies with total consolidated assets of $50 billion or more and less than $100 billion, 4-785; 4-785.2
Applicability, 4-785.1
Risk-committee requirement for foreign banking organizations with total consolidated assets of at least $50 billion but less than $100 billion, 4-790.2; 4-790.221
Applicability, 4-790.22
Single-counterparty credit limits
Aggregation of exposures to more than one counterparty due to economic interdependence or control relationships, 4-789.115; 4-790.665
Investments in and exposures to securitization vehicles, investment funds, and other special purpose vehicles that are not subsidiaries of the covered company or affiliates of the covered foreign entity, 4-789.114; 4-790.664
Supervisory stress test requirements for certain U.S. banking organizations with $100 billion or more in total consolidated assets and nonbank financial companies supervised by the Board
Analysis conducted by the Board, 4-787.4
Applicability, 4-787.3
Authority and purpose, 4-787.1
Corporate use of stress test results, 4-787.7
Data and information required to be submitted in support of the Boards analyses, 4-787.5
Definitions, 4-787.2
Review of the Boards analysis; publication of summary results, 4-787.6
Regulation Z, 6-600 et seq.
See also Truth in lending.
Authority, 6-600
Commentary, staff, 6-1161 et seq.
Coverage, 6-601
Foreign applicability, 6-1161.3
Enforcement, 6-603
Format, 6-1126
Interpretations, 6-1161
Liability, 6-603
Summary, 6-1125 et seq.
Transition rules, 6-1161.2
Regulation Z (Consumer Financial Protection Bureau), 6-5600 et seq.
See also Truth in lending.
Authority, 6-5600
Commentary, staff, 6-6161 et seq.
Coverage, 6-5601
Foreign applicability, 6-6161.3
Enforcement, 6-5603
Interpretations, 6-6161
Liability, 6-5603
Transition rules, 6-6161.2
Applicability, 3-4202
Authority, purpose, and scope, 3-4200
Benchmark replacement conforming changes, 3-4204
Board-selected benchmark replacements, 3-4203
Continuity of contract and safe harbor, 3-4206
Definitions, 3-4201
ISDA protocol, 3-4220
Preemption, 3-4205
Summary, 3-4265
Regulatory agencies—See specific agencies and types of regulated entities.
Regulatory flexibility, 1-522.1 et seq.
Agency, definition as to, 1-522.1
Agenda, regulatory, 1-522.11
Analysis
Duplicative, avoidance of, 1-522.14
Final, 1-522.13
Initial, 1-522.12
Preparation, 1-522.15
Unnecessary, avoidance of, 1-522.14
Comments, procedures for gathering, 1-522.17
Definitions, 1-522.1
Delay of completion of requirements, procedure, 1-522.16
Duplicative analysis, avoidance of, 1-522.14
Effect on other law, 1-522.15
Final analysis, 1-522.13
Gathering comments, procedures for, 1-522.17
Initial analysis, 1-522.12
Intervention rights, 1-522.2
Judicial review, 1-522.19
Other law, effect on, 1-522.15
Periodic review of rules, 1-522.18
Preparation of analyses, 1-522.15
Procedures
Comments, for gathering, 1-522.17
Completion of requirements, for waiver or delay of, 1-522.16
Regulatory agenda, 1-522.11
Reports, 1-522.2
Review of rules, periodic, 1-522.18
Rights of intervention, 1-522.2
Rules, periodic review, 1-522.18
Small business, definition as to, 1-522.1
Small Business Administration, intervention rights, 1-522.2
Small entity, definition as to, 1-522.1
Small governmental jurisdiction, definition as to, 1-522.1
Small organization, definition as to, 1-522.1
Unnecessary analysis, avoidance of, 1-522.14
Waiver of completion of requirements, procedure, 1-522.16
Religion—See also Religious organizations.
Religious organizations—See also Religion.
Bank holding company, as; ownership of shares in connection with underwriting of securities, 4-417
Broker-dealer, exemption from definition of for church plans, 5-030.2
Housing, fair; exemption, 6-1456
Securities issued by or interest or participation in church plan, exempted securities, 5-008
Time deposits considered nonpersonal, 2-303.2
Rents
President setting standards for orderly economic growth, 1-546
Truth in lending exemptions
Reports
Agreement corporations—See Agreement corporations.
Bank holding companies—See Bank holding companies.
Bank mergers and consolidations, reports on competitive factors, 1-389; 1-391; 1-393; 3-1565; 8-106.2
Disclosure of, 3-1567
Brokers, by—See Securities brokers and dealers.
Call reports—See Financial statements and reports, at Reports of condition and income.
Change in bank control, bank holding companies, 4-802
Merger, incident to, 4-803
Clearing agencies—See Clearing agencies.
Congress, to—See specific agencies issuing reports.
Consumer and community affairs, authority to issue forms, 8-109
Consumer credit reporting—See Fair credit reporting.
Correspondent banks, indebtedness of member bank officers and shareholders to; reports of, 3-1031
Credit transactions, 1-541
Crimes involving financial institutions
Bank holding companies, 4-015.2
Edge and agreement corporations, 3-521
Foreign banks in United States, 3-606
State member banks, 3-374
Currency—See Currency and foreign transactions.
Deposit Insurance Fund, loss to, 1-400.72 et seq.
Edge corporations—See Edge corporations.
Electronic fund transfers regulation, annual report, 6-394
Emergency Loan Guarantee Fund, annual report to Congress, 1-560
Equal credit opportunity, to Congress by Federal Reserve Board and attorney general, 6-110
Examination
Confidentiality—See Freedom of information, at Federal Reserve Board information availability rules and at Confidential information on supervised financial institutions.
Foreign branches of national banks, 1-223
Forms and other print matter, Federal Reserve Board authority to issue
Consumer and community affairs, 8-109
Securities laws, 8-108.92
Securities and Exchange Commission, Federal Reserve Board authority to make available to, 8-108.92
Fair Credit Reporting Act
Attorney general, reports to Congress on requests for consumer information in counterintelligence investigations, 6-1577.25; 6-1577.28
Consumer credit reports—See Fair credit reporting.
Fair debt collection practices, by Federal Trade Commission to Congress, 6-1698
Fair housing, by Department of Housing and Urban Development, 6-1458
Federal Reserve Banks—See Federal Reserve Banks.
Federal Reserve Board—See Federal Reserve Board.
Access to—See Freedom of information.
Federal Trade Commission reports to Congress on fair debt collection practices, 6-1698
Financial—See Financial statements and reports.
Foreign banking
Banking corporations engaged in—See Edge corporations.
Federal Reserve Banks
Member bank stock holdings in foreign banks, report of condition, 8-108.5
Securities activities, as to, 4-058.88
Foreign banks, by; failure to make, 1-580 et seq.
Foreign branches of national banks, examination, 1-223
Foreign financial agencies, reports on transactions with, 3-1702.95 et seq.
Foreign transactions—See Currency and foreign transactions.
Freedom of Information Act reports to Congress, 8-261 et seq.
Insured depository institutions—See Insured depository institutions.
International financial activities of United States, reports to president, 1-479
International Monetary Fund, by
Borrowing countries, on progress of, 1-500
Congress, reports to
Palestine Liberation Organization membership, 1-500.9
Unfair trade practices, loans to countries with, 1-501.29
Loans
Foreign bank, by; secured by stock of U.S. depository institution, 1-350.1 et seq.; 4-052.71 et seq.
Member bank officers, directors, and shareholders—See Loans to officers, directors, and shareholders of member banks.
McFadden Act, applicability to financial situation; report to Congress, 1-576
Member banks—See also State member banks, this heading.
Affiliates, 1-070 et seq.
Functionally regulated, Federal Reserve Board authority to require limited, 1-401.7 et seq.
Time extension, authority to grant, 8-121
Credit card plans, as to extensions of credit to member bank officers and shareholders, 3-1095
Executive officers
Indebtedness to other banks, reports of, 3-1050 et seq.
Loans to, reports by, 3-1029
Loans to officers and shareholders—See Loans to officers, directors, and shareholders of member banks.
Money laundering, 3-374
See also Currency and foreign transactions.
Municipal securities dealers and brokers, examinations, 5-151
National Advisory Council on International Monetary and Financial Problems, reports to president, 1-479
National bank examination
Foreign branches, of, 1-223
Waiver of reports, 1-187
Political impact on International Monetary Fund borrowing countries in stabilization programs, 1-500
Public observation of federal agency meetings, reports on, 8-433
Regulatory agencies for securities organizations, annual reports to Congress, 5-228
Regulatory flexibility, 1-522.2
Computation of, 2-320
Maintenance of, 2-320
Quarterly report, 2-164
Securities—See Securities.
Securities and Exchange Commission
Annual report to Congress, 5-228
Items to be included, 5-229
Required by, 5-159 et seq.
Examination of, 5-161
Failure to file, penalties for violations, 5-255
Large traders, 5-105.1 et seq.
Securities brokers and dealers—See Securities brokers and dealers.
Securities credit
Banks and persons other than brokers or dealers, 5-856
Brokers and dealers, by—See Securities brokers and dealers.
Securities traders, large; by and about transactions of, 5-105.1 et seq.
Security devices and procedures
Edge and agreement corporations, 3-451
Insurance premium rate differential, report to Congress, 1-472.3
State member banks, 3-373
Self-regulatory securities organization
Other self-regulatory organizations, to, 5-165
Relief from responsibility of regular filing, 5-164
Social impact on International Monetary Fund borrowing countries in stabilization programs, 1-500
State member banks
Collective investment fund, financial report requirement, 3-272
Reports of condition and income—See Financial statements and reports.
Securities of, 3-285 et seq.
Securities transactions, officers and employees involved in investment decisions, 3-273
Security measures, 3-373
Truth in lending, 6-1069
Suspicious-activity report (SAR)—See Currency and foreign transactions.
Trading with the enemy, regarding, 1-440
Transfer agents, 5-160
Truth in lending, regulation of credit reports, 6-1113
Attorney general, reports as to, 6-1069
Credit reports, regulation, 6-1113
Federal Reserve Board, reports as to, 6-1069
Waiver, reports of national bank examinations, 1-187
Repurchase agreements
Bank holding companies
Securities subsidiaries' engaging in, 4-655.2
Silver, purchasing under; closely related to banking, 4-317
Broker-dealer cash account, use of for transactions in, 5-616.17
Deposits, as—See Reserve requirements, this heading.
Depository institutions and securities dealers and others, between; policy statement, 3-1579.1
Federal Home Loan Mortgage Association, repurchase agreement on guaranteed securities, exemption from reserve requirements, 2-305.5
Federal National Mortgage Association, repurchase agreement on guaranteed securities, exemption from reserve requirements, 2-305.5
Foreign branches of member banks, power to engage in, 3-510
Government National Mortgage Association, repurchase agreement on guaranteed securities, exemption from reserve requirements, 2-305.5
Government obligations, on; reserve requirements, 2-325.23
Guaranteed securities, on; exemption from reserve requirements, 2-305.5
Issuance, policy statement on, 3-1579
Money market mutual funds with portfolio of federal securities, deposits, 2-260.52
Municipal securities, involving; reserve requirements, 2-325.19
Banker's acceptances, sale under, 2-305.1
Government obligations, on, 2-325.23
Market value of securities, 2-325.25
Money market mutual funds consisting wholly of U.S. Treasury and federal-agency securities, deposits, 2-260.52
Municipal securities, involving, 2-325.19
Securities guaranteed by United States, on; exemption, 2-305.5
Retail
Issuance of, policy statement, 3-1579
Silver, purchase under by bank holding company; closely related to banking, 4-317
Student Loan Marketing Association, repurchase agreement on guaranteed securities, exemption from reserve requirements, 2-305.5
Wholesale, policy statement on issuance of, 3-1579
Reserve banks—See Federal Reserve Banks.
Reserve requirements, 2-122 et seq.
Accounts payable not deposits for purposes of, 2-131
Affected institutions
Building and loan associations, 2-310
Cooperative insurance corporations, 2-310.13
Institutions outside United States, 2-310.11
Nebraska cooperative credit associations, 2-310.1
Nonmember institutions, member deposits with, 2-310.12
Rhode Island loan and investment banks, 2-310.14
Agreement corporations, 2-125
Letters of credit, 3-735
Annuity contracts, nonpersonal time deposits, 2-340.11
Assets, sale guaranteed by bank; deposits, 2-325.14
Authority for, 2-122
Automated teller machines, withdrawals and transfers through—See Transaction accounts.
Balances with Federal Reserve Banks
Banker's banks, due to; reporting requirements, 2-308.3
Vault cash, use of, 2-320.12
Checking against by member bank, 2-238
Deficiencies, penalties for—See Deficiency in reserve balance, this heading.
Due-from deductions
Balance due from another depository institution counted as state reserve, as, 2-307.8
Book amount to be used for reporting purposes, 2-307.9
Checking-type accounts maintained by credit union at corporate central as, 2-307.7
Federal Home Loan Banks, demand balances held with not considered, 2-307.6
National Credit Union Central Liquidity Facility, demand balances held with not considered, 2-307.6
Earnings on, 2-234.2
Estimation method, 2-238
Eurocurrency liabilities, balances due to foreign offices of other depository institutions; treatment, 2-308.6
Location of, 2-162
Ambiguity, delegated authority to determine in cases of, 8-106.5
Member banks, checking against and withdrawal, 2-238
Private banks, due to; reporting requirements, 2-308.3
Withdrawal by member bank, 2-238
Zero-balance account, check drawn on by depository institution at correspondent; treatment, 2-308.5
Bank acting as trustee, obligations of as deposits, 2-324.2
Bank applying for Federal Reserve System membership, compliance requirements, 1-059
Banker's acceptances
Maturity provisions, changes in, 2-305.2
Repurchase agreement, sale under, 2-305.1
Banker's banks
Balances due to, reporting requirements, 2-308.3
Exemption, 2-259
Bank holding companies
Overnight loans to bank subsidiaries, as deposits, 2-325.13
Reorganization of banking subsidiaries, transitional adjustments, 2-360.13
Bill of lading drafts as cash items in process of collection, 2-152
Bonds, matured; as cash items in process of collection, 2-152
Broker security drafts as cash items in process of collection, 2-152
Building and loan associations, effect on, 2-310
Bullion, gold; computation of reserves, 2-260.1
Capital-equivalency deposit agreements, nonpersonal time deposits, 2-340.1
Cashier's check, as deposit, 2-126
Cash items
Availability as reserves, 2-170
Collection, in process of, 2-315.1
Payable-through banks, instruments presented by, 2-315
Cash-management plans
Computation and maintenance of reserves, 2-320.1
Certificates of deposit
Line of credit, with; transaction accounts, 2-345.16
Payable outside and issued in the United States, 2-330.01
Checking accounts, statements combined with savings; transaction accounts, 2-345
Checks—See also specific type of check.
Banks or United States Treasury, drawn on as cash items in process of collection, 2-151
Zero-balance account, drawn on by depository institution at correspondent; treatment, 2-308.5
Check verification terminals, transfers through; transaction accounts, 2-345.13
Club accounts
Nonpersonal account, 2-303.4
Reservability, 2-303.4
Time deposits, as, 2-135
Transferability, payment to third party, 2-301.1
Transfers to from savings account, transaction account, 2-301.5
Coin
Coin-wrapping servicer as eligible reserve assets, sent to, 2-306.9
Gold, computation of reserves, 2-260.1
Overnight trust receipt, sale of by prohibited, 2-307
Combined savings/checking statements, transaction accounts, 2-345
Commodity drafts as cash items in process of collection, 2-152
Computation of reserves, 2-159 et seq.
Bullion, gold, 2-260.1
Cash management plans, 2-320.1
Coin, gold, 2-260.1
Correspondent banks
Instruments drawn against, 2-320.11
Pass-through correspondents, 2-320.13
Daily average deposit balances, based on, 2-163
Gold coin and bullion, 2-260.1
Institutions that report on quarterly basis, for, 2-164
Institutions that report on weekly basis, for, 2-163
Instruments drawn against correspondent banks, 2-320.11
Interbank funds-management arrangement, avoidance of requirements, 2-320.14
Monetary Control Act of 1980, pursuant to, 2-260
Overdrafts in transaction accounts, 2-167
Pass-through correspondents, 2-320.13
Reports, 2-320
Shifting funds between depository institutions, low reserve tranche, 2-260.11
Transaction accounts, 2-167
Shifting funds between institutions, 2-260.11
Vault cash, 2-320.12
Consolidations, transitional adjustments, 2-191
Cooperative credit associations in Nebraska, effect on, 2-310.1
Cooperative insurance corporations, effect on, 2-310.13
Correspondents—See Pass-through correspondents.
Coupons (bonds), as cash items in process of collection, 2-152
Credit balance, definition as deposit, 2-128
Credit unions, 2-123
Shares not deposits for purposes of, 2-133
Deductions allowed in computing reserves, 2-168
Deficiency in reserve balance
Passing on to deficient respondent institution, 2-307.3
Waivers of requirements and penalties, 8-121.96
Demand deposits
Government, not to apply only to designated Treasury Tax and Loan depositories, 2-306
Overdraft in computation of reserves, 2-167
Transaction accounts as, 2-140 et seq.
Money market deposit, combined with, 2-345.24
Dependencies, banks in, 2-238.1
Accounts payable, not considered, 2-131
Assets, sale guaranteed by bank, 2-325.14
Bank acting as trustee, obligations of, 2-324.2
Bank holding companies, overnight loans to bank subsidiaries, 2-325.13
Definition, 2-126 et seq.
Exceptions, 2-130 et seq.
Due bills, 2-325.22
Additional exemptions, 2-234.1
Federal funds—See Federal funds.
Foreign branches, at; guaranteed by domestic office, 2-260.55
Government units, of; nonpersonal time deposits, 2-340
Guarantees by U.S. banks on deposits payable outside country, 2-330.1
Interbank borrowing—See Interbank exemption, this heading.
International banking facilities, of; acknowledgment of use, 2-206.12
Conditional liability of endorser, 2-324.4
Loan participations
Repurchase agreements, with, 2-325.16
Strip participations, 2-260.57
Loans
Overnight; by bank holding companies to bank subsidiaries, 2-325.13
Serviced for other, funds received, 2-308.4
Mortgage-backed securities, 2-324.3
Bank-issued, guaranteed by Government National Mortgage Association, 2-260.5
Nonbank affiliates, notes issued by, 2-325.1
Nonpersonal time deposits of government units, 2-340
Notes issued by nonbank affiliates, 2-325.1
Overnight loans by bank holding companies to bank subsidiaries, 2-325.13
Participations, 2-324.1
Repurchase agreements—See Repurchase agreements, at Reserve requirements.
Sale of assets guaranteed by bank, 2-325.14
Total, as to quarterly reporters having reached $15 million, 2-305.9
Trust funds—See Trust funds, this heading.
Certificate of deposit issued in United States, 2-330.01
Definition, 2-158
Domestic collection agent, 2-330.2
Trust department of U.S. parent institution, funds deposited by, 2-330
Diplomats, foreign; as U.S. residents, 2-362
Dividends of depository institutions, not deposits for purposes of, 2-132
Draft
Definition as deposit, 2-126
Payable through depository institution as cash item in process of collection, 2-152
Due bill for securities transaction
Deposit, definition as, 2-127
Maturity, 2-305.6
Less than three days, evasion of reserve requirements, 2-325.22
Earnings on balances with Federal Reserve Banks, 1-168.8
Earnings Participation Account, supplemental reserves maintained in, 1-168.3
Edge corporations—See Edge corporations.
Eligible reserve assets
Coin sent to coin-wrapping servicer as vault cash, 2-306.9
Sale of coin by overnight trust receipt prohibited, 2-307
Emergency requirement
Federal Reserve Board finding, 2-198
Term of validity, 2-198
Estimation of reserve balance required, method, 2-238
Eurocurrency liabilities—See Eurocurrency liabilities.
Excess reserves
Institution maintaining reserves on pass-through basis, proper treatment, 2-308
Pass-through correspondent, maintained with in immediately withdrawable deposits; reservable, 2-308.2
Exemptions, 1-168.6
Additional, 1-168.7
Banker's bank, 2-259
Borrowings from corporate central credit unions, 2-305.4
Broker acting as agent for depository institution, purchase of federal funds through, 2-305.3
Corporate central credit unions, borrowings from, 2-305.4
Additional exemptions, 2-234.1
Edge corporation, loan to cover overdraft; exemption for parent bank, 2-308.1
Foreign, international, and supranational entities, 2-280
Institutions, certain, 2-233
International banking facilities, 2-206.12
Extension of credit by international banking facilities, definition as to, 2-206.11
Federal funds—See Federal funds.
Federal Home Loan Banks, demand balances held with not considered as due-from deductions, 2-307.6
Federal Home Loan Mortgage Association, repurchase agreement on guaranteed securities, exemption, 2-305.5
Federal National Mortgage Association, repurchase agreement on guaranteed securities, exemption, 2-305.5
Federal Reserve Banks—See Balances with Federal Reserve Banks, this heading.
Federal Reserve Board
Suspension by, 1-094
Food coupons as cash items in process of collection, 2-152
Correspondents, limitation to one, 2-307.4
Eurocurrency liabilities, 2-148 et seq.
Federal Reserve Board imposing, 1-567
United States agencies, transitional adjustments, 2-360.11
United States branches
Liabilities not deposits for purposes of, 2-133
State regulations, 3-743
Foreign branches, 3-507
Deposits at guaranteed by domestic office, 2-260.55
National banks, of; exemptions, 3-697
Foreign countries, highly indebted; additional reserves to cover loans to, 3-672.2 et seq.
Foreign entities, deposits exempt, 2-280
Foreign offices of other depository institutions, treatment of balances, 2-308.6
Former member banks permitted to pass reserves through correspondent, 2-307.5
Gold coin and bullion, computation of reserves, 2-260.1
Government
Demand deposits, not to apply only to designated Treasury Tax and Loan depositories, 2-306
Units, deposits of; nonpersonal time deposits, 2-340
Government National Mortgage Association, repurchase agreement on guaranteed securities, exemption, 2-305.5
Guam resident not U.S. resident, 2-362.1
Guarantees by U.S. banks on deposits payable outside country, 2-330.1
Holiday clubs—See Club accounts, this heading.
Housing authority obligations, not deposits for purposes of, 2-133
Hypothecated deposits not deposits for purposes of, 2-131
Indian tribe funds, nonpersonal time deposits, 2-340.12
Installment loans
Accounts not deposits for purposes of, 2-132
Payments not deposits for purposes of, 2-131
Institutions affected
Building and loan associations, 2-310
Cooperative insurance corporations, 2-310.13
Institutions outside United States, 2-310.11
Member deposits with nonmember institutions, 2-310.12
Nebraska cooperative credit associations, 2-310.1
Nonmember institutions, member deposits with, 2-310.12
Rhode Island loan and investment banks, 2-310.14
Instruments drawn against correspondent banks, computation and maintenance, 2-320.11
Instruments presented by payable-through banks, cash items in process of collection, 2-315
Insured banks, 2-123
See also Federal funds.
Evasion of reserve requirements, 2-320.14
International banking facilities—See International banking operations, at Facilities.
International entities, deposits exempt, 2-280
International organizations, employees of considered U.S. residents, 2-362
IRAs—See IRAs.
Keogh accounts—See Keogh accounts.
Letters of credit, Edge or agreement corporations, 3-735
Conditional liability of endorser, 2-324.4
Liquidity requirement
Penalties, waiver, 2-234
Loan and investment banks in Rhode Island, effect on, 2-310.14
Loan participations
Mortgage, 2-305
Repurchase agreements, 2-325.16
Strip participations, 2-260.57
Loans
Edge corporations, to; to cover overdrafts, exemptions for parent banks, 2-308.1
In process, treatment on Form FR 2900, 2-306.6
Overnight, by bank holding companies to bank subsidiaries; as deposits, 2-325.13
Serviced for others, funds received as deposits, 2-308.4
Location of, 2-162
Ambiguity, delegated authority to determine in cases of, 8-106.5
Maintenance of reserves, 2-159 et seq.
Cash management plans, 2-320.1
Correspondent banks
Instruments drawn against, 2-320.11
Pass-through correspondents, 2-320.13
Reports, 2-320
Vault cash, 2-320.12
Mergers
Time deposit ratios for member banks involved in, 2-305.8
Transitional adjustments, 2-191
Monetary Control Act of 1980, computation pursuant to, 2-260
Money market deposit accounts—See Money market, at Deposit accounts.
Money order
Cash item in process of collection, 2-152
Deposit, as, 2-126
Mortgage-backed securities and participations, exemption from definition of ``deposit,'' 2-133; 2-305; 2-324.3
Government National Mortgage Association, guaranteed by; issued by bank, 2-260.5
National bank notes, fund for redemption not counted as reserve, 1-179
National banks, foreign branches of; exemptions, 3-697
National Credit Union Central Liquidity Facility, demand balances held with not considered due-from deductions, 2-307.6
Natural person, definition, 2-147
Nebraska cooperative credit associations, effect on, 2-310.1
Net transaction accounts
Definition, 2-153
Reserve ratios, 2-207
Nonbank affiliates, notes issued by; deposits, 2-325.1
Nonmember institutions, member deposits with; effect on, 2-310.12
Nonpersonal time deposits
Annuity contracts, 2-340.11
Capital equivalency deposit agreements, 2-340.1
Exceptions, 2-146
Exemptions on, 2-207
Government units, of, 2-340
Indian tribe funds, 2-340.12
Promissory note, represented by, 2-145
Reserve ratios, exemption, 2-207
Reserves maintained against, 2-214
Transferable, 2-143
Nontransferability, 2-300 et seq.
Non–U.S. residents, time deposits held by; international banking facilities, 2-335
Notes issued by nonbank affiliates; deposits, 2-325.1
NOW accounts—See NOW accounts.
Obligations of affiliates of depository institutions, definition as deposit, 2-128
Overdrafts
Edge corporations, by; loans to cover exempt for parent banks, 2-308.1
Trust account, computation of reserves, 2-260.12
Overnight loans by bank holding companies to bank subsidiaries, as deposits, 2-325.13
Participations
Deposits, as, 2-324.1
Loan participations, 2-325.16
International banking facilities, 2-335.1
Mortgage-loan—See Mortgage-backed securities and participations, this heading.
Pass-through accounts—See Pass-through accounts.
Pass-through correspondents—See Pass-through correspondents.
Computation of reserves, 2-320.13
Maintenance of reserves, 2-320.13
Pass-through securities, mortgage; reservable, 2-305
Payable-through banks, instruments presented by; cash items in process of collection, 2-315
Penalties
Liquidity requirement, failure to meet; waiver, 2-234
Reserve-balance deficiency—See Deficiency in reserve balance, at Charges for, this heading.
Percentages, ratios, 2-207
Postal money orders as cash items in process of collection, 2-152
Preauthorized transfers, as to transaction accounts
Definition, 2-142
IRAs, to, 2-345.14
Private banks, balances due to; reporting requirements, 2-308.3
Ratios—See Reserve ratios, this heading.
Redemption of national bank notes, fund not counted as reserve, 1-179
Regulation E, exempt transfers; transaction accounts, 2-345.15
Remote service units, transfer through; transaction accounts, 2-345.13
Reports
Banker's banks, balances due to, 2-308.3
Book amount of balance due to be used in reporting due-from deductions, 2-307.9
Computation of reserves, 2-320
Due-from deductions, book amount of balance due to be used in reporting, 2-307.9
Maintenance of reserves, 2-320
Private banks, balances due to, 2-308.3
Quarterly, 2-164
Total deposits, definition used to determine if reporters have reached $15 million, 2-305.9
Zero reserve requirements, depository institutions with, 2-305.7
Repurchase agreements—See Repurchase agreements, at Reserve requirements.
Reserve ratios, 2-207
Federal Reserve Board
Imposition by, 1-567
Residents of United States—See United States, this heading.
Respondent institutions—See also Pass-through correspondents.
Rhode Island loan and investment banks, effect on, 2-310.14
Sale of assets guaranteed by bank, deposits, 2-325.14
Savings accounts—See Savings accounts.
Savings and loan associations, 2-123
Savings/checking statements, combined; transaction accounts, 2-345
Savings deposits—See Savings deposits.
Securities guaranteed by United States, repurchase agreements on; exemption, 2-305.5
Securities transaction due bill, definition as deposit, 2-127
Settlement accounts, international banking facilities, 2-335.11
Shifting funds between depository institutions to use low reserve tranche, 2-260.11
Statements, combined savings/checking; transaction accounts, 2-345
Student Loan Marketing Association, repurchase agreement on guaranteed securities, exemption, 2-305.5
Supplemental reserves
Earnings Participation Account, maintaining in, 1-168.3
Requirement
Earnings Participation Account, Federal Reserve Bank maintains in, 1-168.3
Purpose, 2-200
Supranational entities, deposits exempt, 2-280
Suspension by Federal Reserve Board, 1-094
Teller's check
Definition, 2-158
Deposit, as, 2-126
Third parties, transfers through institutions to; transaction accounts, 2-345.11
Thrift institutions, closed; transitional adjustments for successors, 2-360.14
Time deposits—See Time deposits.
Total deposits, definition as to quarterly reporters having reached $25 million, 2-305.9
Transaction accounts—See Transaction accounts.
Transfers
Regulation E, exemptions from; transaction accounts, 2-345.15
Third parties, through institutions to; transaction accounts, 2-345.11
Transitional adjustments of computations
Mergers and consolidations, 2-191
Nonmember institutions
Mergers and consolidations, 2-191
Reorganization of banking subsidiaries by bank holding company, 2-360.13
Scope of regulation, 2-232
Thrifts, closed; successors to, 2-360.14
United States agencies of foreign banks, 2-360.11
Trust funds
Deposits, not considered for purposes of, 2-130
Deposits payable outside United States, deposited by U.S. parent institution's trust department, 2-330
Overdrafts, computation of reserves, 2-260.12
Time deposit open accounts, zero-interest; use of by bank trust departments, 3-1597
United States
Agencies of foreign banks, transitional adjustments, 2-360.11
Definition, 2-158
Deposit payable outside—See Deposit payable outside the United States, this heading.
Residents, definition, 2-158
Foreign diplomats and employees of international organizations, 2-362
Guam, resident of, 2-362.1
Vacation clubs—See Club accounts, this heading.
Vault cash
Carryover deficiencies, use of to meet, 2-320.12
Definition, 2-153
Eligible reserve assets
Coin sent to coin-wrapping servicer as vault cash, 2-306.9
Sale of coin by overnight trust receipt prohibited, 2-307
Form reserves to be held in, 2-162
Rented space in another institution, coin and currency permitted to be in, 2-307.2
Safekeeping agreements, 2-365.2
Sale of excess; overnight trust receipt, 2-307
Savings bonds, redeemed; as, 2-307.1
Violations, penalties for—See Penalties, this heading.
Zero
Balance account, check drawn on at correspondent by depository institution; treatment, 2-308.5
Reserve requirements, reporting requirements, 2-305.7
Zero-interest-rate time deposits, 2-343.17
Resolution plans—See Regulation QQ.
Resolution Trust Corporation
Conservator for undercapitalized institution, exemption from corrective-action requirements, 1-400.71
Restraint of trade—See Antitrust law.
Restricted securities—See Securities, generally.
Retirement
Bonds, as exempted securities, 5-625
Collective investment funds, state member bank acceptance of, 3-432
Credit applications, equal credit opportunity
IRAs—See IRAs.
Keogh accounts—See Keogh accounts.
Pensions—See Pensions.
Plans, in broker-dealer cash account; blanket time extensions, 5-629
Systems, purchase of securities through special account; prompt payment, 5-504
Right to financial privacy, 6-1750 et seq.
Challenge provisions, customers', 6-1766 et seq.
Civil liability, 6-1794
Confidentiality of records
Government authorities, of, 6-1753
Controlled substances, exception for violations involving, 6-1784.1
Criminal investigations, exception, 6-1771.1
Controlled-substances violations, 6-1784.1
Insider crimes against financial institutions, 6-1775.2
Money laundering, 6-1771.1
Customers
Challenge provisions, 6-1766 et seq.
Definition as to, 6-1751
Delayed notice
Preservation of records, 6-1763 et seq.
Requirements, 6-1793
Duty of financial institutions, 6-1769
Exceptions, 6-1772 et seq.
Federal court jurisdiction as to, 6-1779
Federal supervisory agencies, exceptions
Exchange of records and examination reports among, 6-1771
Financial institutions
Definition, 6-1751
Duty as to, 6-1769
Foreign power or agent of, FBI request for records of for counterintelligence purposes, 6-1776.1
Government authorities
See also Securities customers, records of, this heading.
Confidentiality of records, 6-1753
Definition, 6-1751
Travel charge cards, disclosures in connection with, 6-1775.4
Holding company, definition, 6-1751
Injunctive relief, 6-1782
Intelligence and counterintelligence activity, 6-1776 et seq.
Transfer of records for, 6-1770
Judicial subpoenas, 6-1761
Law enforcement inquiry, definition, 6-1752
Liability, civil, 6-1794
See also Terrorism or money laundering, this heading.
Notice
Delayed
Preservation of records, 6-1763 et seq.
Requirements, 6-1793
Requirements, exception, 6-1791
Where certification required, 6-1792
Preservation of records, delayed notice, 6-1763 et seq.
Relief, injunctive, 6-1782
Request, written; formal, 6-1762
Securities customers, records of
Availability without prior notice, 5-224.1
Challenge to requests for records, 5-224.6
Confidentiality of proceedings, 5-224.3
Delay, application for and order granting, 5-224.2
Governmental authorities
Violations, penalties for, 5-224.6
Limitation, 5-224.5
Remedies, 5-224.5
Reopening of proceedings by customer, 5-224.4
Sanctions, 5-224.5
Specificity of application for, 5-224.2
Tabulation of occasions when statute was applied, 5-224.3
Statute of limitations, suspension, 6-1783
Subpoenas
Administrative, 6-1758
Judicial, 6-1761
Summons, administrative, 6-1758
Supervisory agency, definition, 6-1752
Use of information, 6-1770 et seq.
Veterans Affairs, Department of; exception for disclosure to, 6-1775.4
Written requests, formal, 6-1762
Right to Financial Privacy Act, 6-1750 et seq.
See also Right to financial privacy.
Securities and Exchange Commission, application to, 5-224.1 et seq.
Exception, 6-1786
Summary, 6-1787
Robbery—See also Theft.
Bank, from, 1-467 et seq.
Penalties, 1-467 et seq.
Records of, 3-372
Suspicious-activity report not required, 3-1711.32
Credit union, from, 1-467 et seq.
Savings and loan association, from, 1-467 et seq.
Security measures—See Security devices and procedures.
Rulemaking—See also Federal agencies; specific subjects.
Definition, 1-504
Hearings—See Hearings.
Petition for issuance, amendment, or repeal of rule, 1-508
Proposed rules
Federal Register, notification of published in, 1-507
Public views on proposed rules solicited, 1-508
Regulatory flexibility agenda—See Regulatory flexibility.
Regulatory references and citations, conformance as changes occur, 8-108
Rule, definition, 1-503
Rules (Federal Reserve Board)
Organizational, 8-001 et seq.
Administrative law judges, temporary employment of, 8-011
Business hours, 8-002
Delegation of functions—See Federal Reserve Board, at Delegation of authority.
Federal Reserve agent, designation and functions of, 8-012
Federal Reserve districts, banks, and branches, 8-012
Membership, 8-002
Offices and divisions, description of, 8-003 et seq.
Summary, 8-015
Procedural, 8-016 et seq.
Branching applications, waiver of prior-notice requirement, 8-042
Merger applications, 8-025 et seq.
Public meetings, arrangement and conduct of, 8-039
Debt Collection, 8–700 et seq.
Delegation of functions—See Federal Reserve Board, at Delegation of authority.
Equal employment opportunity—See Equal employment opportunity (Federal Reserve Board).
Hearings, rules of practice and procedure—See Hearings.
Information availability rules—See Freedom of information.
Meetings
Authority to order, delegated, 8-107
Public observation of—See Public participation.
Records-access rules—See Privacy.
Regulatory procedures
Improvements, policy statement, 8-040
Summary, 8-032