Upcoming Events
Comment Period: Real Estate Appraisals
February 05, 2019
The OCC, Board, and FDIC (collectively, the agencies) are inviting comment on a proposed rule to amend the agencies' regulations requiring appraisals for certain real estate-related transactions. The proposed rule would increase the threshold level at or below which appraisals would not be required for residential real estate-related transactions from $250,000 to $400,000. Read more…
Comment Period: Request for Information on Small-Dollar Lending
January 22, 2019
The FDIC is seeking comments and information from interested parties on small-dollar lending, including steps that can be taken to encourage FDIC-supervised financial institutions (banks) to offer small-dollar credit products that are responsive to customers' needs and that are underwritten and structured prudently and responsibly. Read more here.
Effective Date: Appraisals for Higher-Priced Mortgage Loans Exemption Threshold
January 01, 2019
Based on the CPI-W in effect as of June 1, 2018, the exemption threshold will increase from $26,000 to $26,700, effective January 1, 2019. Read more here.
Effective Date: Consumer Leasing (Regulation M)
January 01, 2019
Based on the annual percentage increase in the CPI-W as of June 1, 2018, the exemption threshold will increase from $55,800 to $57,200 effective January 1, 2019. Read more here.
Effective Date: EGRRCPA, SEC. 106. ELIMINATING BARRIERS TO JOBS FOR LOAN ORIGINATORS
November 24, 2019
“(d) Effective Date.—This section and the amendments made by this section shall take effect on the date that is 18 months after the date of enactment of this Act.” Read more here.
Effective Date: EGRRCPA, SEC. 302. PROTECTING VETERANS’ CREDIT
May 24, 2019
“(e) Effective Date.—The amendments made by this section shall take effect on the date that is 1 year after the date of enactment of this Act.” Read more here.
Mandatory compliance date pending court stay: Payday, Vehicle Title, and Certain High-Cost Installment Loans
August 19, 2019
1.2.2 Effective date and compliance date of the Payday Lending Rule The Payday Lending Rule became effective on January 16, 2018. However,the Rule’s compliance date for the payment-related requirements is August 19, 2019.5 Thus, by its terms, the Rule does not require lenders to comply with the Rule’s payment-relatedrequirementsuntil August 19, 2019. See 12 CFR…
Comment Period: Request for Information Regarding Bureau Data Collections
December 27, 2018
The Bureau of Consumer Financial Protection (Bureau) is seeking comments and information from interested parties to assist the Bureau in assessing the overall efficiency and effectiveness of the Bureau's Data Governance Program and its Data Collections in support of the Bureau's work and, consistent with law, the Bureau is considering whether any changes to its…
Comment Period: Request for Information on FDIC Communication and Transparency
December 04, 2018
The FDIC is seeking comments and information from interested parties on the FDIC's communication methods and related initiatives to promote efficiency and increase transparency. Read more here.
Effective Date: Final Amendments to Regulation J
January 01, 2019
The Board of Governors of the Federal Reserve System (Board) is publishing final amendments to Regulation J. The amendments clarify and simplify certain provisions of Subpart A of Regulation J, remove obsolete provisions, and align the rights and obligations of sending banks, paying banks, and Federal Reserve Banks (Reserve Banks) with the Board’s recent amendments…
Comment Period: Actions To Support Interbank Settlement of Faster Payments
December 14, 2018
As part of its overall mission, the Federal Reserve has a fundamental interest in ensuring there is a safe and robust U.S. payment system, including a settlement infrastructure on which the private sector can provide innovative faster payment services that serve the broad public interest. Accordingly, the Board of Governors of the Federal Reserve System…
Comment Period: Disclosure of Financial and Other Information by FDIC-Insured State Nonmember Banks
November 26, 2018
The Federal Deposit Insurance Corporation (FDIC) proposes to rescind and remove its regulations relating to the disclosure of financial and other information by FDIC-insured state nonmember banks. Upon the removal of the regulations, all insured state nonmember banks and insured state-licensed branches of foreign banks (collectively, “banks”) would no longer be subject to the annual…
Comment Period: Applicability thresholds for regulatory capital and liquidity requirements
January 22, 2019
The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (collectively, the agencies) are inviting comment on a proposal that would establish risk-based categories for determining applicability of requirements under the regulatory capital rule, the liquidity coverage ratio rule, and the proposed…
Comment Period: Reduced Reporting for Covered Depository Institutions
January 18, 2019
The OCC, the Board, and the FDIC (collectively, the agencies) are inviting comment on a proposed rule that would implement section 205 of the Economic Growth, Regulatory Relief, and Consumer Protection Act by: Expanding the eligibility to file the agencies' most streamlined report of condition, the FFIEC 051 Call Report, to include certain insured depository…
Effective Date: NACHA New Same Day ACH Processing Window with Expanded Hours
March 19, 2021
Sept. 17, 2018 – NACHA’s voting membership has approved three new rules to expand the capabilities of Same Day ACH for all financial institutions and their customers. The first expands access to Same Day ACH by allowing Same Day ACH transactions to be submitted to the ACH Network for an additional two hours every business…
Effective Date: NACHA Increase in the Per-Transaction Dollar Limit
March 20, 2020
Sept. 17, 2018 – NACHA’s voting membership has approved three new rules to expand the capabilities of Same Day ACH for all financial institutions and their customers. The first expands access to Same Day ACH by allowing Same Day ACH transactions to be submitted to the ACH Network for an additional two hours every business…
Effective Date: NACHA Faster Funds Availability Rule
September 20, 2019
Sept. 17, 2018 – NACHA’s voting membership has approved three new rules to expand the capabilities of Same Day ACH for all financial institutions and their customers. The first expands access to Same Day ACH by allowing Same Day ACH transactions to be submitted to the ACH Network for an additional two hours every business…
Comment Period: FDIC Seeks Comment on the Treatment of Reciprocal Deposits
October 26, 2018
The FDIC seeks comment on a notice of proposed rulemaking to conform its current regulations that implement brokered deposits and interest rate restrictions with recent changes to section 29 of the Federal Deposit Insurance Act made by section 202 of the Economic Growth, Regulatory Relief, and Consumer Protection Act related to reciprocal deposits, which took…
Comment Period: Revised Guidelines Relating to Recovery Planning Standards
November 05, 2018
The Office of the Comptroller of the Currency (OCC) is proposing to amend its enforceable guidelines relating to recovery planning standards (guidelines) for insured national banks, insured federal savings associations, and insured federal branches (banks) in order to limit the application of the guidelines to the largest, most complex banks and thereby provide regulatory burden…
Comment Period: Covered Savings Associations Proposed Rule
November 19, 2018
On September 18, 2018, the Office of the Comptroller of the Currency (OCC) issued a proposed rule to allow federal savings associations with total consolidated assets of $20 billion or less as of December 31, 2017, to elect national bank powers and operate as covered savings associations. The proposed rule aims to provide certain federal…
Effective Date: Reg. CC Availability of Funds and Collection of Checks
January 01, 2019
The Board is publishing a final rule that amends Subpart C of Regulation CC to address situations where there is a dispute as to whether a check has been altered or was issued with an unauthorized signature, and the original paper check is not available for inspection. This rule adopts a presumption of alteration for…
Comment Period: Amend Definition of HVCRE
November 27, 2018
The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (collectively, the agencies) are proposing to amend the regulatory capital rule to revise the definition of “high volatility commercial real estate (HVCRE) exposure” to conform to the statutory definition of “high volatility…
Comment Period: Repeal of FRB S.A.F.E. Act Regulations
November 26, 2018
The Board of Governors of the Federal Reserve System (Board) is proposing to repeal its regulations that incorporated the Secure and Fair Enforcement for Mortgage Licensing Act (the S.A.F.E. Act). Title X of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) transferred rulemaking authority for a number of consumer financial protection laws,…
Effective Date: Small Bank Holding Company and Savings and Loan Holding Company Policy Statement
August 30, 2018
The Board invites comment on an interim final rule that raises the asset size threshold for determining applicability of the Board's Small Bank Holding Company and Savings and Loan Holding Company Policy Statement (Regulation Y, appendix C) (Policy Statement) to $3 billion from $1 billion of total consolidated assets. The interim final rule also makes…
Comment Period: Small Bank Holding Company and Savings and Loan Holding Company Policy Statement
October 29, 2018
The Board invites comment on an interim final rule that raises the asset size threshold for determining applicability of the Board's Small Bank Holding Company and Savings and Loan Holding Company Policy Statement (Regulation Y, appendix C) (Policy Statement) to $3 billion from $1 billion of total consolidated assets. The interim final rule also makes…