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ABSTRACT Is there an argument for behaviorally in formed deregulation? In 2015, the United States government imposed 9.78 billion hours of paperwork burdens on the American people. Many of these [...]

Byline: George Yacik Editor's note: Morning Scan will not publish on Monday, May 28, Memorial Day. We'll be back on Tuesday, May 29. Receiving Wide Coverage ... Signed, sealed, delivered: [...]

Byline: Hugh Carney While stress testing can provide valuable insight into the strength and resilience of our financial system, regulators are increasingly acknowledging shortcomings in the post-crisis regime -- and [...]

This article reviews the scope of the self-testing privilege as set forth in the Economic Growth and Regulatory Paperwork Reduction Act of 1996 and discusses the Federal Reserve Board's definition of self-test and the additional requirements imposed by Regulation B and the FRB's Official Staff Commentary. The author argues that the self-testing privilege will not have much effect on creditors and their compliance with the Equal Credit Opportunity Act.

INTRODUCTION This year saw important developments concerning the Real Estate Settlement Procedures Act of 1974 (RESPA),(1) including new regulatory proposals by the U.S. Department of Housing and Urban Development (HUD), [...]

The author describes Regulation Y's revision and expansion of the laundry list of permissible nonbanking activities for bank holding companies (BHCs) and the elimination of certain existing restrictions on nonbanking activities. The new provisions are compared and contrasted with the current rules. The author discusses the impact of the new Regulation Y on BHCs currently engaged in nonbanking activities and other procedural aspects of engaging in nonbanking activities, including Regulation Y's new expedited procedures for qualifying BHCs to acquire banks and nonbanks and engage in nonbanking activities.

INTRODUCTION The Real Estate Settlement Procedures Act (RESPA),(1) among other things, prohibit the payment of fees, kickbacks, or other things of value for the referral of business services incident to [...]

INTRODUCTION The year 1996 was the second consecutive year in which substantial revisions were made to Regulation Z. The Federal Reserve Board (FRB) issued regulations implementing Congress' expanded disclosure error [...]

The authors briefly discuss the legislative process that led to the new banking law, address the law's merger of the deposit insurance funds and its resolution of the problems of the Savings Association Insurance Fund, discuss the most important provisions of the law that generally affect, respectively, United States bank holding companies, national and state banks, and thrifts, and analyze the most significant changes in the consumer credit laws, particularly under the Fair Credit Reporting Act.

Byline: Ian McKendry WASHINGTON -- The push to exempt small banks from certain tougher regulatory requirements in return for facing higher overall capital standards continues to gain ground. Federal Deposit [...]

Byline: Joe Adler WASHINGTON -- It is still a question mark how much regulatory easing will ultimately result from a legislatively mandated review of federal banking rules, but relief proposals [...]

Byline: Joe Adler WASHINGTON -- Policymakers should pull the trigger on easing certain rules for small banks -- including exempting them from the Volcker Rule -- even before a formal [...]

Byline: Joe Adler WASHINGTON -- Bankers weary of the onslaught of new rules following the financial crisis are taking another crack at suggesting regulatory relief ideas under a statutory process [...]

THAT 'WHACKING' SOUND THE FCC made a couple of weeks ago was the sound of it closing the book on a leased-access fight that fizzled out years ago, involving a [...]

The federal bank regulators and the Consumer Financial Protection Bureau (CFPB) have provided a fairly clear road map of intended regulatory activities for 2016. With final regulations now in place [...]

The White House issued a memo that clarifies that the Paperwork Reduction Act doesn't apply to many uses of social media, freeing agencies from burdensome rules that they seek public [...]

Reg Relief I A request for comment from the banking and thrift agencies on more than 25 regulations involving money laundering, safety and soundness, and securities. The request was to [...]

Federal Deposit Insurance Corp. Vice Chairman John Reich said Wednesday that a key element of regulatory relief should be different supervisory regimens for big and small banks. Speaking at an [...]

When it comes to easing red tape for financial services companies, Sen. Mike Crapo has his sights set far beyond a deregulatory bill the House passed in March. The Idaho [...]

The federal financial regulators have embarked on a once-every-ten-years review of banking regulations with the goal of identifying, and perhaps rescinding or at least changing, rules that are obsolete. The [...]

The Paperwork Reduction Act: The Department of the Treasury has launched www.pracomment.gov, which allows the public to electronically submit comments on how to simplify government forms and reduce time required [...]

In April 2010, the Office of Management and Budget (OMB) issued a memo exempting web-based interactive technologies from the requirements of the Paperwork Reduction Act (PRA), clearing the way for [...]

It looks as though it will now be at least midsummer before broadcasters are required to put the 'educational/ informational' (EI) bug on all their FCC-friendly kids shows. Although the [...]

With the deadline for the Government Paperwork Elimination Act looming next month, the Environmental Protection Agency has governmentwide efforts under way to help it meet the mandate of making all […]

When President Clinton signed the Paperwork Reduction Act of 1995, he said he wanted to conquer a mountain of paperwork that was "crushing our people and wasting a lot of [...]