Regulatory Roundup: Open for Comment

RESERVE ACCOUNTS: Proposal by the Federal Reserve Board to allow foreign banks either to keep all their reserves in a single account or to keep separate accounts at Fed banks in each district where they operate. Published Aug. 8. Comments due Sept. 12.

PILOT PROGRAM: Proposal by the Federal Housing Finance Board to allow the Federal Home Loan Bank of Seattle to buy mortgages from member institutions. Published Aug. 8. Comments due Sept. 8.

SERVICING ASSETS: Proposal by the banking and thrift agencies to double- to 100% of Tier I capital-the cap on the amount of mortgage servicing assets that may count toward capital requirements. Servicing assets exceeding that limit would be deducted from Tier I capital. Published Aug. 4. Comments due Oct. 3.

BUSINESS LOANS: Proposal by the National Credit Union Administration to double to $100,000 the maximum amount that credit unions may lend to businesses without triggering restrictive commercial lending rules. Published Aug. 1. Comments due Sept. 30.

CONVICTS: Proposal by the Federal Deposit Insurance Corp. to bar people convicted of criminal offenses from owning the largest block of shares in an institution without prior approval. Published July 24. Comments due Sept. 22.

TRUST ACTIVITIES: Proposal by the Office of Thrift Supervision to update rules governing federal thrift trust activities. The proposal details which activities are covered by OTS fiduciary rules. Published July 23. Comments due Sept. 22.

BANK SUBSIDIARIES: Proposal by the Fed to apply capital restrictions on bank operating subsidiaries. Published July 15. Comments due Sept. 3.

FOREIGN BRANCHES: Proposal by the FDIC to exempt well-run, well- capitalized institutions from filing applications to open foreign branches or make foreign investments. The plan also would allow FDIC-regulated banks to invest and trade in government securities of countries in which they do not have a branch. Published July 15. Comments due Sept. 15.

FAIR CREDIT: Proposal by the Fed to exempt some transactions from the Fair Credit Reporting Act's disclosure requirements. Published July 11. Comments due Friday.

MONEY LAUNDERING: Proposal by the Treasury Department to bring check cashers and other money transmitters under money laundering rules. Published May 21. Comment deadline extended to Sept. 30.

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