What Is Regulation AA? Regulation AA (Unfair or Deceptive Acts or Practices) was a regulation created by the Federal Reserve designed to address practices by banks that were perceived as unfair by consumers. Regulation AA established the procedures used to process complaints registered by bank customers. This regulation applied to state member banks only. It
What Is Regulation B (Reg B)? Regulation B is intended to prevent applicants from discrimination in any aspect of a credit transaction. It outlines the rules that lenders must adhere to when obtaining and processing credit information. Regulation B protects consumers and prohibits lenders from discriminating based on age, gender, ethnicity, nationality, or marital status.
What Is Regulation BB? Regulation BB is a Federal Reserve regulation that implements the 1977 Community Reinvestment Act. It sets standards to encourage bank lending to borrowers in low- and moderate-income communities and requires banks to provide certain information to the public. Regulation BB mandates that banks must disclose to the public which communities they
What Is Regulation C? Regulation C is the regulation that implements the Home Mortgage Disclosure Act of 1975. Regulation C requires many financial institutions to annually disclose loan data about the communities to which they provided residential mortgages. As a result, regulatory authorities can evaluate whether the lender is adequately meeting the needs of the
What Is Regulation CC? Regulation CC is one of the banking regulations set forth by the Federal Reserve. Regulation CC implements the Expedited Funds Availability Act (EFAA) of 1987 and the Check Clearing for the 21st Century Act (Check 21). These laws set specific requirements for the timely availability of deposits that are made by
What Is SEC Regulation D (Reg D)? Regulation D (Reg D) is a Securities and Exchange Commission (SEC) regulation governing private placement exemptions. It should not be confused with Federal Reserve Board Regulation D, which limits withdrawals from savings accounts. Reg D offerings are advantageous to private companies or entrepreneurs that meet the requirements because
What Is Regulation DD? Regulation DD is a directive set forth by the Federal Reserve. Regulation DD was enacted to implement the Truth in Savings Act (TISA) that was passed in 1991. This act requires lenders to provide certain uniform information about fees and interest when opening an account for a customer. It was enacted
What Is Regulation E? Regulation E is a regulation put forth by the Federal Reserve Board that outlines rules and procedures for electronic funds transfers (EFTs) and provides guidelines for issuers of electronic debit cards. The regulation is meant to protect banking customers who use electronic methods to transfer money. Understanding Regulation E Regulation E provides
What Is Regulation EE? Regulation EE, sometimes referred to as netting eligibility, is a rule set forth by the U.S. Federal Reserve Board. It expands the FDIC Improvement Act of 1991 definition of “financial institution” to include financial market participants who avail themselves of the act’s netting provisions regarding contracts in which the parties agree
What Is Regulation G? Federal banking regulation G requires banks, their affiliates, and their subsidiaries to publicly disclose written agreements with nongovernmental entities or persons (NGEPs). As outlined by the Federal Reserve, Regulation G would cover, for example, an agreement made by a bank to make more loans to qualified applicants in a community or
