ELECTRONIC BANKING: The OCC said it will release risk-management guidelines by the end of February on banking by personal computer. Meanwhile, the Federal Financial Institutions Examination Council expects in the first quarter of 1998 to issue consumer protection guidelines for electronic banking.
LENDING DISCLOSURES: The Fed and the Department of Housing and Urban Development plan to issue a legislative proposal before the end of March detailing how Congress should combine the disclosures required by the Truth-in-Lending and Real Estate Settlement Procedures acts. The Fed had requested recommendations April 2, and comments were due June 30. The Fed recently reopened the comment period until March 9 primarily to conduct four focus groups with consumers on various proposals.