Compliance Action, Volume 11, Number 10

Regulation E: FRB Issues Final Payroll Card Rule (3 Action Steps)

By Lucy Griffin

The Electronic Funds Act is one of the older compliance laws on the books. To keep up with significant changes in recent years with electronic payments, the FRB has made final revisions to Regulation E with regard to the issuance and service of payroll cards.

Gift Cards: OCC Recommends Disclosures (3 Action Steps)

By Lucy Griffin

To deal with rising consumer protection concerns, the OCC has issued guidance on the disclosure and marketing of gift cards.

Action Training: Acts, Regulations and Commentary: Which is on First?

By Lucy Griffin

Faced with a variety of rules and regulations from different sources, which source do we look to for the absolutely correct answer?

Compliance Notes

• Revisions to BSA Manual
• CRA Data Released
• HOEPA Annual Adjustment
• Comments on ILCs
• FDIC's Video in Spanish
• Information for Service Personnel
• Subprime Lending Study

Compliance Calendar

In the Editor's Opinion
Smart Compliance v. Regulatory Burden

By Lucy Griffin

If we go about it the right way, it can be possible to maintain the protections of banking and consumer laws while reducing regulatory burden.

Compliance Q & A

• Credit Score Disclosure Notice
• Loan Compliance Reviews
• Construction Loan Exemption

FACT Act and Government Compliance

By Lucy Griffin

One of the compliance requirements for government agencies in the FACT Act is a periodic analysis of information sharing among affiliates. Enter the Paperwork Reduction Act ("PRA").