Federal Reserve System August 2005 – Federal Register Recent Federal Regulation Documents

Sunshine Act Meeting
Document Number: 05-17396
Type: Notice
Date: 2005-08-31
Agency: Federal Reserve System, Agencies and Commissions
Formations of, Acquisitions by, and Mergers of Bank Holding Companies
Document Number: 05-17135
Type: Notice
Date: 2005-08-29
Agency: Federal Reserve System, Agencies and Commissions
Proposed Agency Information Collection Activities; Comment Request
Document Number: 05-17134
Type: Notice
Date: 2005-08-29
Agency: Federal Reserve System, Agencies and Commissions
Formations of, Acquisitions by, and Mergers of Bank Holding Companies
Document Number: 05-16965
Type: Notice
Date: 2005-08-26
Agency: Federal Reserve System, Agencies and Commissions
Formations of, Acquisitions by, and Mergers of Bank Holding Companies
Document Number: 05-16887
Type: Notice
Date: 2005-08-25
Agency: Federal Reserve System, Agencies and Commissions
Electronic Fund Transfers
Document Number: 05-16801
Type: Proposed Rule
Date: 2005-08-25
Agency: Federal Reserve System, Agencies and Commissions
The Board is publishing for comment a proposal to amend Regulation E, which implements the Electronic Fund Transfer Act (EFTA). The proposal would also revise the official staff commentary to the regulation. The commentary interprets the requirements of Regulation E to facilitate compliance primarily by financial institutions that offer electronic fund transfer services to consumers. The proposed revisions would clarify the disclosure obligations of automated teller machine (ATM) operators with respect to fees imposed on a consumer for initiating an electronic fund transfer or a balance inquiry at an ATM. The Board is withdrawing previously proposed revisions to the Regulation E staff commentary that would have addressed this issue.
Proposed Agency Information Collection Activities; Comment Request
Document Number: 05-16680
Type: Notice
Date: 2005-08-23
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions, Federal Reserve System, Office of the Comptroller of the Currency, Department of Treasury, Department of the Treasury, Comptroller of the Currency
In accordance with the requirements of the Paperwork Reduction Act of 1995 (44 U.S.C. chapter 35), the OCC, the Board, and the FDIC (the ``agencies'') may not conduct or sponsor, and the respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. The Federal Financial Institutions Examination Council (FFIEC), of which the agencies are members, has approved the agencies' publication for public comment of proposed revisions to the Consolidated Reports of Condition and Income (Call Report), which are currently approved collections of information. At the end of the comment period, the comments and recommendations received will be analyzed to determine the extent to which the FFIEC and the agencies should modify the proposed revisions prior to giving final approval. The agencies will then submit the revisions to OMB for review and approval.
Formations of, Acquisitions by, and Mergers of Bank Holding Companies
Document Number: 05-16651
Type: Notice
Date: 2005-08-23
Agency: Federal Reserve System, Agencies and Commissions
Formations of, Acquisitions by, and Mergers of Bank Holding Companies; Correction
Document Number: 05-16563
Type: Notice
Date: 2005-08-22
Agency: Federal Reserve System, Agencies and Commissions
Formations of, Acquisitions by, and Mergers of Bank Holding Companies
Document Number: 05-16561
Type: Notice
Date: 2005-08-22
Agency: Federal Reserve System, Agencies and Commissions
Community Reinvestment Act; Correction
Document Number: 05-16459
Type: Rule
Date: 2005-08-22
Agency: Federal Reserve System, Agencies and Commissions
The Board of Governors is correcting the Paperwork Reduction Act information that it provided in connection with a final rule amending certain provisions of Regulation BB, which was published in the Federal Register of August 2, 2005.
Formations of, Acquisitions by, and Mergers of Bank Holding Companies
Document Number: 05-16354
Type: Notice
Date: 2005-08-18
Agency: Federal Reserve System, Agencies and Commissions
Extensions of Credit by Federal Reserve Banks
Document Number: 05-16322
Type: Rule
Date: 2005-08-17
Agency: Federal Reserve System, Agencies and Commissions
The Board of Governors of the Federal Reserve System (Board) has adopted final amendments to its Regulation A to reflect the Board's approval of an increase in the primary credit rate at each Federal Reserve Bank. The secondary credit rate at each Reserve Bank automatically increased by formula as a result of the Board's primary credit rate action.
Sunshine Act Meeting
Document Number: 05-16321
Type: Notice
Date: 2005-08-16
Agency: Federal Reserve System, Agencies and Commissions
Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies
Document Number: 05-16147
Type: Notice
Date: 2005-08-16
Agency: Federal Reserve System, Agencies and Commissions
Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies
Document Number: 05-16090
Type: Notice
Date: 2005-08-15
Agency: Federal Reserve System, Agencies and Commissions
Formations of, Acquisitions by, and Mergers of Bank Holding Companies
Document Number: 05-16089
Type: Notice
Date: 2005-08-15
Agency: Federal Reserve System, Agencies and Commissions
Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies; Correction
Document Number: 05-16088
Type: Notice
Date: 2005-08-15
Agency: Federal Reserve System, Agencies and Commissions
Availability of Funds and Collection of Checks
Document Number: 05-15998
Type: Rule
Date: 2005-08-12
Agency: Federal Reserve System, Agencies and Commissions
The Board of Governors is amending appendix A of Regulation CC to delete the reference to the Portland branch office of the Federal Reserve Bank of San Francisco and reassign the Federal Reserve routing symbols currently listed under that office to the Seattle branch office of the Federal Reserve Bank of San Francisco. These amendments will ensure that the information in appendix A accurately describes the actual structure of check processing operations within the Federal Reserve System.
Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies
Document Number: 05-15870
Type: Notice
Date: 2005-08-11
Agency: Federal Reserve System, Agencies and Commissions
Formations of, Acquisitions by, and Mergers of Bank Holding Companies
Document Number: 05-15869
Type: Notice
Date: 2005-08-11
Agency: Federal Reserve System, Agencies and Commissions
Federal Open Market Committee; Domestic Policy Directive of June 29-30, 2005
Document Number: 05-15793
Type: Notice
Date: 2005-08-10
Agency: Federal Reserve System, Agencies and Commissions
Formations of, Acquisitions by, and Mergers of Bank Holding Companies
Document Number: 05-15772
Type: Notice
Date: 2005-08-10
Agency: Federal Reserve System, Agencies and Commissions
Truth in Lending
Document Number: 05-15723
Type: Rule
Date: 2005-08-09
Agency: Federal Reserve System, Agencies and Commissions
The Board is publishing a final rule amending the staff commentary that interprets the requirements of Regulation Z (Truth in Lending). The Board is required to adjust annually the dollar amount that triggers requirements for certain home mortgage loans bearing fees above a certain amount. The Home Ownership and Equity Protection Act of 1994 (HOEPA) sets forth rules for home-secured loans in which the total points and fees payable by the consumer at or before loan consummation exceed the greater of $400 or 8 percent of the total loan amount. In keeping with the statute, the Board has annually adjusted the $400 amount based on the annual percentage change reflected in the Consumer Price Index that is in effect on June 1. The adjusted dollar amount for 2006 is $528.
Formations of, Acquisitions by, and Mergers of Bank Holding Companies
Document Number: 05-15705
Type: Notice
Date: 2005-08-09
Agency: Federal Reserve System, Agencies and Commissions
Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies
Document Number: 05-15704
Type: Notice
Date: 2005-08-09
Agency: Federal Reserve System, Agencies and Commissions
Formations of, Acquisitions by, and Mergers of Bank Holding Companies
Document Number: 05-15677
Type: Notice
Date: 2005-08-09
Agency: Federal Reserve System, Agencies and Commissions
Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies
Document Number: 05-15676
Type: Notice
Date: 2005-08-09
Agency: Federal Reserve System, Agencies and Commissions
Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies
Document Number: 05-15502
Type: Notice
Date: 2005-08-05
Agency: Federal Reserve System, Agencies and Commissions
Formations of, Acquisitions by, and Mergers of Bank Holding Companies
Document Number: 05-15501
Type: Notice
Date: 2005-08-05
Agency: Federal Reserve System, Agencies and Commissions
One-Year Post-Employment Restrictions for Senior Examiners
Document Number: 05-15468
Type: Proposed Rule
Date: 2005-08-05
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions, Federal Reserve System, Office of the Comptroller of the Currency, Department of Treasury, Department of the Treasury, Office of Thrift Supervision, Comptroller of the Currency
The OCC, Board, FDIC and OTS (the Agencies) propose to adopt rules to implement section 6303(b) of the Intelligence Reform and Terrorism Prevention Act of 2004 (Intelligence Reform Act), which added a new section 10(k) to the Federal Deposit Insurance Act (FDI Act). Section 10(k) imposes post-employment restrictions on senior examiners of depository institutions and depository institution holding companies. Under section 10(k), a senior examiner employed or commissioned by an Agency may not knowingly accept compensation as an employee, officer, director, or consultant from certain depository institutions or depository institution holding companies he or she examined, or from certain related entities, for one year after the examiner leaves the employment or service of the Agency. If an examiner violates the one-year restriction, the statute requires the appropriate Federal banking agency to seek penalties. Accordingly, the examiner may be subject to an order of removal and prohibition or a civil money penalty of up to $250,000. The Agencies have the discretion to seek both types of remedy. Section 10(k) will become effective on December 17, 2005.
Formations of, Acquisitions by, and Mergers of Bank Holding Companies
Document Number: 05-15380
Type: Notice
Date: 2005-08-04
Agency: Federal Reserve System, Agencies and Commissions
Sunshine Meeting Notice
Document Number: 05-15378
Type: Notice
Date: 2005-08-03
Agency: Federal Reserve System, Agencies and Commissions
Formations of, Acquisitions by, and Mergers of Bank Holding Companies
Document Number: 05-15269
Type: Notice
Date: 2005-08-03
Agency: Federal Reserve System, Agencies and Commissions
Formations of, Acquisitions by, and Mergers of Bank Holding Companies
Document Number: 05-14880
Type: Notice
Date: 2005-08-03
Agency: Federal Reserve System, Agencies and Commissions
Community Reinvestment Act Regulations
Document Number: 05-15227
Type: Rule
Date: 2005-08-02
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions, Federal Reserve System, Office of the Comptroller of the Currency, Department of Treasury, Department of the Treasury, Comptroller of the Currency
The OCC, Board, and FDIC (collectively, ``federal banking agencies'' or ``the agencies'') are issuing this joint final rule that revises certain provisions of our rules implementing the Community Reinvestment Act (CRA). The agencies are taking this action after carefully considering public comments received in response to the joint notice of proposed rulemaking published on March 11, 2005 (the ``March proposal''). The joint final rule addresses regulatory burden imposed on small banks with an asset size between $250 million and $1 billion by exempting them from CRA loan data collection and reporting obligations. It also exempts such banks from the large bank lending, investment, and service tests, and makes them eligible for evaluation under the small bank lending test and a flexible new community development test. Holding company affiliation is no longer a factor in determining which CRA evaluation standards apply to a bank. In addition, the joint final rule revises the term ``community development'' to include activities to revitalize and stabilize distressed or underserved rural areas and designated disaster areas. Finally, it adopts without change the amendments to the regulations to address the impact on a bank's CRA rating of evidence of discrimination or other credit practices that violate an applicable law, rule, or regulation.
Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies
Document Number: 05-15185
Type: Notice
Date: 2005-08-02
Agency: Federal Reserve System, Agencies and Commissions
Formations of, Acquisitions by, and Mergers of Bank Holding Companies
Document Number: 05-15184
Type: Notice
Date: 2005-08-02
Agency: Federal Reserve System, Agencies and Commissions
Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies
Document Number: 05-15106
Type: Notice
Date: 2005-08-01
Agency: Federal Reserve System, Agencies and Commissions
Formations of, Acquisitions by, and Mergers of Bank Holding Companies
Document Number: 05-15105
Type: Notice
Date: 2005-08-01
Agency: Federal Reserve System, Agencies and Commissions