Tuesday, January 7, 2014
Agencies Issue Regulatory Agendas
In today's Federal Register agencies published their regulatory agendas, which were originally developed in the Fall of 2013.
CFPB: 1) Prerule stage: revisions to Reg C (HMDA); 2) Final rule stage: A) Integrated mortgage disclosures under Regs X and Z; B) Reg CC (Expedited Funds Availability Act; 3) Long-term actions: Reg B (Business Lending Data). Note: Current as of September 6, 2013. No updated information provided.
FCC: Next action on telemarketing rules is undetermined. Note: Agenda from the Fall 2013. No updated information provided.
Fed: 1) Proposed rule stage: revisions to Reg CC (availability of funds and collection of checks); 2) Final Rule Stage: Reg LL (S&L holding companies) and Reg MM (mutual holding companies); 3) Long term actions: Reg KK (margin and capital requirements for covered swap entities). Note: for the period November 1, 2013, through April 30, 2014. The next agenda will be published in spring 2014.
FDIC: 1) Final rule stage: regulatory capital rules. Note: from the Fall 2013 agenda. No updated information provided.