April 26, 2007 - FinCEN has announced the delayed implementation of certain revised Suspicious Activity Report (SAR) forms that were scheduled to become effective on June 30, 2007. http://www.fincen.gov/sar_revised_form_implementation.html

April 26. 2007 - FinCEN has updated the 314a Fact Sheet and the Law Enforcement Information Sharing Report as of April 24, 2007. http://www.fincen.gov/314afactsheet.pdf and http://www.fincen.gov/leinfosharing.pdf

April 24, 2007 - IDTheft.gov has been launched by the President's Task Force on Identity Theft. The intent of the new web site is to be a resource for government information about identity theft. http://www.idtheft.gov/index.html

April 24, 2007 - The Federal Reserve Board, as directed by the Check Clearing for the 21st Century Act of 2003 (Check 21), has issued a report to Congress on the law's effects on the nation's check-collection system and to assess the need for modifications to the funds-availability requirements established in and pursuant to the Expedited Funds Availability Act. http://www.federalreserve.gov/boarddocs/RptCongress/check21/check21.pdf

April 23, 2007 - The Federal Reserve Board has requested public comment on proposed amendments to five consumer financial services and fair lending regulations (Regulations B, E, M, Z, and DD) to clarify the requirements for providing consumer disclosures in electronic form. http://www.federalreserve.gov/boarddocs/press/bcreg/2007/20070420/default.htm

April 18, 2007 - The Federal Reserve has posted the new reference rates that lenders must use to determine if loans for which applications are received in May 2007 will be subject to HOEPA under the APR trigger test. Use the FRB H.15 to find applicable release which lists the Treasury Security with the same maturity term as your loan. To make the calculation, you use the yield in effect on the 15th of the month that precedes the month you received the application. Since April 15 was a Sunday, use the rate on April 13, the business day immediately preceding the 15th. http://www.federalreserve.gov/releases/h15/Current/ and http://www.federalreserve.gov/releases/h15/Current/

April 16, 2007 - FRB Financial Services has announced a complimentary CD copy of the FedACH Origination Power Kit can be ordered online. The Power Kit is a blueprint to optimizing your own origination services, including increasing the usage of Direct Deposit, Direct Payment and Account Receivable Conversion (ARC). http://www.frbservices.org/Retail/fedach_origination.html

April 16, 2007 - The April 15, 2007 issue of the Federal Reserve Board publication FedFlash has been issued. http://www.frbservices.org/FedFlash/2007/041507/FedFlash041507.pdf

April 13, 2007 - The federal bank, credit union, and thrift supervisory agencies, along with the Department of Housing and Urban Development, have announced the availability of the 2006 home loan data disclosed under the Home Mortgage Disclosure Act (HMDA). Lenders are required to make these data available to the public, within thirty days after receiving a request, in the form of a Loan Application Register, after removing certain information to protect the privacy of applicants and borrowers. http://www.federalreserve.gov/boarddocs/press/bcreg/2007/20070412/default.htm

April 13, 2007 - The OCC has released the Spring 2007 edition of Community Developments Investments. http://www.occ.treas.gov/cdd/CDVC-Ezine2007/cd/index.html

April 12, 2007 - The FDIC has issued a Supervisory Policy on Identity Theft. This policy statement describes the characteristics of identity theft and emphasizes the FDIC's well-defined expectations that institutions under its supervision detect, prevent and mitigate the effects of identity theft in order to protect consumers and help ensure safe and sound operations. http://www.fdic.gov/news/news/financial/2007/fil07032a.html

April 12, 2007 - FinCEN has updated the 314a Fact Sheet and the Law Enforcement Information Sharing Report as of April 10, 2007. http://www.fincen.gov/314afactsheet.pdf and http://www.fincen.gov/leinfosharing.pdf

April 11, 2007 - The FRB has updated the Bank Holding Company Supervision Manual that provides guidance in planning and conducting inspections of bank holding companies and their nonbank subsidiaries. http://www.federalreserve.gov/boarddocs/supmanual/supervision_bhc.htm

April 9, 2007 - FinCEN has updated the MSB List as of March 14, 2007. http://www.msb.gov/guidance/msbstateselector.php

April 6, 2007 - The OCC has announced workshops for national community bank directors on May 2, 2007 and May 8, 2007. Online registration is available at http://www.occ.gov/conference.htm .

April 6, 2007 - FRB Financial Services has published the First Quarter 2007 ACH Newsletter. http://www.frbservices.org/Retail/pdf/fedachnews1q07.pdf

April 5, 2007 - The FRB has issued final revisions to its 1980 interpretation of Regulation D, which sets forth criteria for the bankers' bank exemption from reserve requirements. The Board may now determine whether certain entities may become customers of bankers' banks to a limited extent on a case by case basis. http://www.federalreserve.gov/boarddocs/press/bcreg/2007/20070404/attachment.pdf

April 5, 2007 - The March 2007 Statistical Supplement to the Federal Reserve Bulletin has been published. http://www.federalreserve.gov/pubs/supplement/2007/03/default.htm

April 4, 2007 - The federal bank and thrift agencies have requested public comment on proposed interim rules expanding the range of small institutions eligible for an extended 18-month on-site examination cycle. The proposed interim rules allow well-capitalized and well-managed banks and savings associations with up to $500 million in total assets and a composite CAMELS rating of 1 or 2 to qualify for an 18-month (rather than a 12-month) on-site examination cycle. http://www.federalreserve.gov/boarddocs/press/bcreg/2007/20070403/default.htm

April 4, 2007 - NCUA has issued a Cease and Desist (C&D) Order against Dover N. J. Spanish American Federal Credit Union to correct substantial Bank Secrecy Act (BSA) compliance problems. http://www.ncua.gov/administrative_orders/Admin/2007/07-0203-II.pdf

April 4, 2007 - FRB Financial Services has announced new FedReceipt routing numbers. http://www.frbservices.org/Retail/check21CustComm.html

April 2, 2007 - The federal banking agencies have announced the launch of an improved website to access banks' quarterly Reports of Condition and Income (Call Report) data. Important Call Report data will now be available faster and in multiple formats through the Central Data Repository (CDR) at https://cdr.ffiec.gov/public .

April 2, 2007 - The April 1, 2007 issue of the Federal Reserve Board publication FedFlash has been issued. http://www.frbservices.org/FedFlash/2007/040107/FedFlash040107.pdf

April 2, 2007 - State Profiles for the Fourth Quarter 2006 have been released by the FDIC. http://www.fdic.gov/bank/analytical/stateprofile/index.html

April 2, 2007 - The OCC has released the Fourth Quarter 2006 Report on Bank Derivatives Activities, which indicates that the insured U.S. commercial banks posted a record $18.8 billion in trading revenues in 2006, up 31 percent from the previous annual record of $14.4 billion, set in 2005. http://www.occ.treas.gov/ftp/deriv/dq406.pdf