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ARTICLE · 24 DECEMBER 2008

FRB, OTS And NCUA Approve Final Credit Card Rules And Proposed EFT Overdraft Rules

Goodwin Procter LLP
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The FRB adopted final amendments ("Final Rules") to Regulation AA (Unfair or Deceptive Acts or Practices), Regulation Z (Truth in Lending) and Regulation DD (Truth in Savings) that impose new requirements on issuers of credit cards and charge cards.

United StatesFinance and Banking
Gregory Lyons
Gregory Lyons

In this Issue:

Developments of Note

  • FRB, OTS and NCUA Approve Final Credit Card Rules and Proposed EFT Overdraft Rules
  • Federal Banking Agencies Finalize Rule Permitting Banking Organizations to Deduct Goodwill Net of Associated Deferred Tax Liabilities from Regulatory Capital
  • FINRA Issues Guidance Regarding Credit for Extraordinary Cooperation
  • Massachusetts Regulators Respond to Industry Questions on New Data Security Requirements; Goodwin Procter to Host Webinar on Massachusetts Data Security Regulations
  • SEC Approves New Interactive Data Tagging Requirements for Public Company Financial Statements by Public Companies and Mutual Funds

Other Item of Note

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