REG Z: Revisions of the Fed's staff commentary on Truth in Lending gives guidance on treatment of fees and taxes associated with real estate- secured loans and a creditor's responsibilities when investigating claims of unauthorized use of credit cards. Effective immediately, but compliance is optional until Oct. 1.

REVERSE MORTGAGES: The Fed finalized disclosure requirements for reverse and high-fee mortgages. Effective Oct. 1.

LOW-LEVEL RECOURSE: The FDIC and the Comptroller's office adopted rules reducing the capital requirement for assets sold with limited recourse. The FDIC rule is effective April 27; the OCC's, May 10. Similar Fed rules took effect March 22.

EFT: The Fed adopted an interim rule letting banks print automated teller machine receipts without a customer's complete account number. Effective April 21.

CREDIT UNIONS: The National Credit Union Administration adopted rules covering charter conversions intended to ensure the deals are safe, that members are notified, and that insiders are not unduly enriched. Effective April 1.

ADVERSE CONTRACTS: The FDIC withdrew a proposal that would have given the agency the explicit right to cancel any contract entered into by a failed institution that it deemed "adverse."

APPEALS PROCESS: Proposal by the FDIC to set up a new system for appealing examiner rulings. Effective March 28. Similar rules at the Fed took effect March 24.

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