2018 Regulatory Developments Comment Due Date Final Effective Date To Do
September 21, 2018: Federal Reserve Board Regulation H and Regulation K amendments
to repeal provisions that incorporate the S.A.F.E. Act reflecting the transfer of the Board’s
rulemaking authority for the S.A.F.E. Act to the Bureau.
August 28, 2018: The Comptroller of the Currency requests comments through and ANPR
on the best ways to modernize the regulatory framework implementing the Community
Reinvestment Act (CRA).
2018 Deposit/Operations Related
11/15/2018: Federal Reserve Board amendments to simplify Regulation J and to make it
conform more closely with Regulation CC.
X January 19, 2018
October 3, 2018: Federal Reserve System, Federal Deposit Insurance Corporation,
Financial Crimes Enforcement Network, National Credit Union Administration, Office
of the Comptroller of the Currency joint statement on banks and credit unions sharing
resources to improve efficiency and effectiveness of Bank Secrecy Act compliance.
X October 3, 2018
September 12, 2018: Federal Reserve Board amends Subpart C of Regulation CC to
address disputes as to whether a check has been altered or issued with an unauthorized
signature, and the original paper check is not available for inspection.
X January 1, 2019
September 12, 2018: Bureau amendments to procedures used by the public to obtain
Bureau information under the Freedom of Information Act, the Privacy Act of 1974, and in
X October 12, 2018
September 12, 2018: Bureau issues interim final rule to update its model forms for the
Summary of Consumer Identity Theft Rights and the Summary of Consumer Rights in
Appendices to Regulation V to incorporate a new notice required by Section 605(A)(i)( 5)
X September 21, 2018
August 10, 2018: Bureau amends Regulation P and the provision requiring financial
institutions to provide an annual notice describing their privacy policies and practices to
their consumers. The amendment implements the provision excepting the annual notice
requirement for institutions meeting certain conditions.
X September 17, 2018
January 25, 2018: Bureau amendments to rules concerning prepaid accounts under the
Electronic Fund Transfer Act (Regulation E) and the Truth in Lending Act (Regulation Z) and
extension of overall effective date.
X April 1, 2019