Alert March 14, 2006

Financial Services Alert - March 14, 2006

  • OTS Concludes that County Lending Restrictions are Preempted
  • ICI Rule 22c-2 Working Group Issues Package with Form of Rule 22c-2 Agreement and Other Model Documents for Use in Communicating with Intermediaries Regarding Rule 22c-2 Compliance
  • Federal Banking Agencies Extend Comment Period on Interagency Guidance on Concentrations in Commercial Real Estate Lending
  • FRB Allows Bank Holding Company to Acquire Subsidiary Providing Forward Exchange Transaction Services
  • FinCEN Provides Guidance on the Treatment of NSCC Fund/SERV Accounts for Purposes of New Correspondent Account AML Due Diligence Requirements
  • FinCEN Issues Survey Concerning Cross-Border Wire Transfer Data
  • OCIE Associate Director Discusses Examination Program for Broker-Dealers